? Besides local brands, the most popular French car brands in Iran are Peugeot, Citroen and Renault. In recent years, the strength of China brand has gradually grown and its market share has been expanding.
? As early as 2002, Chery became the first China automobile brand to enter the Iranian market. 10 years later, there are 13 China automobile companies that sell vehicles in Iran through cooperation with local companies, including Pentium, Brilliance, BYD, Changan, Chery, Dongfeng, Geely, Haima, Haval, Jianghuai, Lifan, MG and Zotye.
? As the first China car company to enter Iran, Chery is also the largest car company in China at present, with subsidiaries, nearly 300 sales outlets, more than 300,000 cars and 6% market share, making it the third largest car company after Iranian local car companies IKCO and Sepa.
? By 20 18, the market share of China automobile brands in Iran has reached 20%. Iran has also become one of the most important destinations for China's automobile brand exports. In 20 14, Iran surpassed Russia and became the largest destination country for China's automobile exports. This record has been maintained until the end of 20 18.
? In 20 18, due to the sanctions imposed by the United States on Iran, the domestic automobile sales in Iran began to decline, and the export volume of China's automobile industry in Iran decreased by 24.7% that year. But the real impact appeared in 20 19.
? The Report on High-quality Development of Automobile Trade in China (20 19) issued by the Ministry of Commerce shows that Iran has fallen out of the top 20 automobile trade in China in 20 19. In the first half of the year, China exported only 567 cars to Iran, which plummeted by 99.6%, while the annual export volume in 20 18 was still at the level of190,000 cars.
? From the ranking of Iranian automobile production in the first quarter of 20 18 and automobile sales in the first quarter of 20 19, it can be clearly seen that China's brand share has declined seriously. In the first quarter of 20 18, Chery's Iranian production capacity was still 17000 vehicles. By the first quarter of 20 19, none of China brands had reached the scale of more than 10,000 vehicles.
? Therefore, China auto companies are also looking forward to the stability of the Iranian situation. After all, they have invested a lot of energy and financial resources in the Middle East, the most important automobile market.