Tag Archives | Volkswagen

Iran’s Yazd Tire to supply Renault

By John Lee. Renault‘s Algerian subsidiary, Renault Algérie,  will buy 50,000 tyres from Iranian tyre maker Yazd Rubber Industries Complex. Yazd is also said to be in negotiations with Volkswagen following the German company’s entry into Iran. (Source: Tyrepress)

Volkswagen starts Automotive Business in Iran

Germany’s Volkswagen will begin the sale of vehicles in Iran in August. Initially, Volkswagen’s Tiguan and Passat models are to be imported under a contract concluded with the Iranian automotive company Mammut Khodro. The Volkswagen brand will thus again have a presence in the Iranian market after more than 17 years, and is systematically developing […]

Why French Carmakers are real Winners of Iranian Protectionism

By Ali Dadpay for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran’s auto industry is only second to its energy sector, accounting for some 10% of the gross domestic product and 4% of employment. Showcasing the Islamic Republic’s efforts to become an industrial economy, it […]

Iran Stops Producing 11 Truck Models

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 […]

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 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 […]