Tag Archives | Iranian Diesel Engine Manufacturing (IDEM)

Iran revs up for Auto Revolution

By Alireza Ramezani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The auto giant PSA Peugeot Citroen has become the first foreign company since the Jan. 16 implementation of the Joint Comprehensive Plan of Action to obtain a license from the Iranian government to invest […]

Daimler sees ‘Huge Demand for Commercial Vehicles’

By John Lee. BBC News reports that Daimler Trucks has wasted no time in reentering the Iranian market, with the announcement that it plans to restart sales and local production. The company, which left Iran in 2010, says there is “huge demand for commercial vehicles, especially trucks“, and says it will produce engines and and […]

Daimler Trucks Seeks Partners in Iran

The commercial vehicles division of Germany’s Daimler AG‘s says it is in talks with potential partners in Iran to resume production in the country as sanctions look set to be lifted, reports PressTV. Roland Schneider, president and CEO of Daimler Commercial Vehicles in the Middle East and North Africa, said the company intends to open a […]