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Iran says its production of automobiles has already seen an increase of around 40 percent over a period of 11 months starting 21 March 2016 compared to the same period last year. Iran says its production of automobiles has already seen an increase of around 40 percent over a period of 11 months starting 21 March 2016 compared to the same period in the previous year.  The announcement was made by Mansour Moazzami, the board chairman of the Industrial Development and Renovation Organization (IDRO) which is the operational arm of Iran’s Ministry of Industry, Mine and Trade. Moazzami did not provide a figure on the number of automobiles that have been produced over the period. However, he said Iran’s total production of automobiles would reach to as high as 1.3 million by the end of the current Iranian calendar year (20 March 2017).  Iran is the Middle East’s largest auto market with a population of 80 million. The automobile industry is seen as Iran’s...