During the Iranian calendar month to 21st December, the production of 11 heavy duty vehicles and pickup trucks in Iran has been stopped. Iran Khodro Diesel (IKD), a subsidiary of Iran’s largest car manufacturer, stopped production of two heavy duty vehicles — the Mercedes-Benz tipper truck LK 2624 and Mercedes-Benz Axor K3335 — and the recently-introduced […]
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Japanese Firms Looking at Iranian Opportunities
By John Lee. Nikkei Asian Review reports that Japanese companies are eager to return to Iran, but adds that the risk of doing business in the volatile region is also not lost on anxious corporate chiefs. Tokyo lifted sanctions on Iran on Friday, and Japanese automakers, including Toyota, Nissan and Mazda aim to quickly restart exports, […]