Autos Sector Recovering But Threats Remain

The Iranian automotive industry has not escaped the effects of the global economic crisis and will struggle to recover from the slump in demand. Consumer demand is expected to remain constrained according to BMI's recently published Iran Automotives Report, given that financing is still difficult to come by. While crude prices rebounded somewhat in the latter part of 2009, they still remain far below the records scaled during the commodities boom and will impact oil

To read the full article, please choose one of the following options: