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With the world having learnt who will steer Iran’s government in the next four years, a large number of foreign firms have once again lined up to enter the county’s 80-million-strong market, with the French car producer Peugeot and oil giant Total standing at the forefront of the queue as usual.
Iranian President Hassan Rouhani officially launched the production line of Peugeot 2008 and the locally designed IKCO Dena+.
Motor vehicles which do not measure up to emission standards will not be registered in Iran.
Iranian auto manufacturer SAIPA unveiled a new small hatchback car called the ‘Quick’ on March 6 in Tehran in a ceremony attended by high-ranking officials.
The head of Swedish trade delegation to Iran announced that Scania and Volvo, giant Swedish car manufacturers, will establish their production lines inside the Islamic Republic.