Iran 1993-1996: Paykan holds up to 60% share, propels market above 100.000 annual sales for the first time
The Paykan holds just under 60% of the Iranian market in 1996. In 1993, the Iranian new car market shoots up 60% year-on-year to 69.965 units, its highest level in at least nine years. Iran Khodro continues to dominate the Iranian car landscape with 40.2% share thanks to the Paykan,…