Iraq Business News brings you the latest on the Iraqi car market, with information on developments and opportunities.
Iraq's Industry Minister, Ahmad Nasser al-Karbouli [Ahmed Nassar Dali al-Karbouli, Ahmad Nader Dali], unveiled a plan on Tuesday to assemble nine brands of vehicles in Iraq. "The Industry Ministry has a plan to sign eight agreements to assemble vehicles of different brands, including Hyundai and Cherry, in addition to manufacturing car batteries and tires," al-Karbouli […]
Iraq’s government has ordered 500 Scania trucks, which are being assembled locally by the Iraqi state automotive company. Scania has also delivered about 30 trucks to private buyers since reentering the country at the end of last year.
Egypt's GB Auto expects to double its profit in the second quarter, boosted by an increase in its vehicle sales to Iraq, company executives said on Thursday.
Two containers carrying smuggled cars were seized at Umm Qasr Port in Basra province. “Security forces at the port seized the two containers and the eight cars inside them,” a local security source told Aswat al-Iraq news agency on Monday. He said that security forces are tracking down individuals involved in smuggling the containers. ( […]
