The first shipment of 117 BMW cars has been imported to Iran but the figure is inclined to hit 1,000 before year-end (closing March 20, 2005), ISNA quoted Nouriani Company’s manager as saying. Nouriani Company represents German BMW manufacturing factory in Iran.
The rest of cars are to be imported in two shipments, one consists of 162 cars and the other comprises of 720 cars.
The order registrations have been already carried out and the required credit has been opened up to import some 1,000 BMW passenger cars, he added.
The importing cars would be of different models such as 318, 325, 330, 530 in two types of 630, and X3-730.
Until recently, the Iranian Government had banned car imports in a bid to make a large room for locally manufactured vehicles. According to the current law, individuals allowed to import new cars but there is heavy tariff of 170 percent.