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14 clusters · 16 sources · 83 days · First seen · Last updated
Iranian domestic automotive market volatility
Overview
The Iranian automotive market has transitioned from moderate fluctuations into a phase of significant price volatility driven by currency shifts, gold prices, and supply constraints. Throughout late 2026, the market exhibited divergent trends: while some domestic models like the Peugeot 207 Automatic Panorama and Saina S saw price drops or slight decreases, high-end, electric, and imported models faced substantial hikes.
In mid-October, widespread price increases affected both domestic and assembled models. Within the Iran Khodro line, the Dena Plus Automatic rose by 160 million tomans to 3.69 billion tomans, while the Peugeot 207 Automatic increased by 100 million tomans to 3.7 billion tomans. Saipa models also saw rises, including the Shahin G with sunroof, which increased by 100 million tomans to 2.82 billion tomans. As of mid-October, assembled vehicle pricing showed the KMC Eagle at 3.2 billion tomans and the Extreme QX at 14.75 billion tomans, while several Hyma models, including the S5 Pro and S7 Pro, were reported as having production halted or being unavailable.
By late October, the market entered a period of price shifts influenced by exchange rate fluctuations and a prevailing transactional recession. Significant price discrepancies have emerged in the luxury segment; for example, a 2026 Range Rover Vogue was advertised for 400 billion tomans, representing a markup of “six to eight times the international price.” Analysis suggests domestic prices for luxury models are frequently three to four times higher than global averages. Additionally, the Iranian government is reportedly considering a significant increase in import tariffs, with rates potentially reaching a minimum of 100%, which may further reduce consumer purchasing power.
Entities
Iran Khodro · Saipa · Iran · Modiran Khodro · Toyota
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The US dollar is trading at approximately 64.56 to 64.66 Afghanis.
- [○ 1 SOURCE] The Euro is trading at approximately 74.10 to 74.20 Afghanis.
- [○ 1 SOURCE] The Afghan Afghani has grown by more than 45.23% over the last six months.
- [○ 1 SOURCE] The price of 100 Iraqi Dinars is 14,770 Iranian Tomans.
- [○ 1 SOURCE] The Iraqi Dinar price remained unchanged compared to the previous day.
- [○ 1 SOURCE] The market price for a Peugeot 207 Automatic is 2,833,000,000 Tomans.
- [○ 1 SOURCE] Production of the Haima S7 Pro has been stopped.
Timeline
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[BUSINESS] 3 sourcesIran considers 100% increase in vehicle import tariffs
Iran's economic team is reportedly planning to implement a minimum 100% tariff on vehicle imports and potentially double the customs exchange rate, significantly raising costs for imported cars.
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[BUSINESS] 2 sourcesLuxury car price disparities spark debate in Iran
Extreme price markups on luxury vehicles in Iran, including a Range Rover priced at eight times its global value, highlight significant economic disparities and market distortions.
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[BUSINESS] 6 sourcesIran automotive market sees significant price hikes for electric and imported models
Iran's car market faces major price surges, including a 44% increase for the Phonyx FX electric crossover and a 63% jump for the Mazda CX-30, amid declining domestic production.
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[BUSINESS] 3 sourcesIran automotive market prices for assembled vehicles
Automotive market prices in Iran for October 15, 2026, show the KMC Eagle as the cheapest assembled passenger car, while Extreme QX is the most expensive. Various models from Iran Khodro and Bahman Motor are's.
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[BUSINESS] 3 sourcesIran automotive market sees widespread price increases
Domestic car prices in Iran rose significantly, with increases ranging from 10 to 160 million Tomans for models from Iran Khodro and Saipa amid economic uncertainty.
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[BUSINESS] 5 sourcesIran commodity markets see price rises amid currency volatility
Iran's steel and automotive markets saw price increases in Shahrivar 1405, driven by currency fluctuations and rising costs despite weak consumer demand and limited purchasing power.
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[BUSINESS] 7 sourcesIran market update: fluctuations in vehicle, gold, and currency prices
Iranian markets report mixed trends: automotive prices show signs of decreasing volatility, the Dirham has risen slightly, and 24-karat gold prices have seen a recent decline.
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[BUSINESS] 2 sourcesIran automotive market faces price volatility amid currency shifts
Iran's automotive market faces high volatility driven by rising gold and dollar prices, with significant price shifts seen in domestic models like the Soren Plus and Dena Plus.
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[BUSINESS] 2 sourcesIran automotive market shows mixed price trends
The Iranian car market showed mixed price trends on September 17, 2026, with fluctuations driven by supply costs and currency volatility.
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[BUSINESS] 7 sourcesIran automotive market sees surge in voucher prices and model fluctuations
The Iranian car market shows conflicting trends: vehicle voucher prices have surged by up to 300%, while some domestic and assembled car prices have dropped due to falling gold and currency rates.
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[BUSINESS] 6 sourcesIran markets see rising car, gold, and currency prices
Iran's car, gold, and currency markets are seeing sharp price increases driven by rising US dollar and gold rates, fueling inflationary expectations across domestic and imported automotive sectors.
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[BUSINESS] 2 sourcesIran automotive market shows split between domestic and imported prices
The Iranian car market is splitting: domestic vehicle prices are falling due to low demand and recession, while high-end and imported models continue to see significant price increases.
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[BUSINESS] 2 sourcesIran domestic automotive market price updates
Domestic and assembled car prices in Iran show significant fluctuations based on technical specs and availability, with notable price gaps between dealership and open market rates.
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[BUSINESS] 3 sourcesIranian car market faces volatility as new MVM X77 draws criticism
Iran’s car market is unsettled by price and exchange‑rate swings, while the newly launched MVM X77 faces criticism over modest power, DCT reliability and high maintenance costs.
Sources
afaaq.af · aftabnews.ir · ensafnews.com · etemadonline.com · fouladnews.ir · gadgetnews.net · ghatatnews.ir · iranmedicalinfo.com · khabarfoori.com · morningjournal.com · negarmag.com · noandish.com · pedal.ir · rokna.net · tabnaktehran.ir · techfars.com
This summary has been updated 18 times: see revision history