Tags Iran Car Production
Tag: Iran Car Production
Iran and France’s Faurecia have reportedly inked the biggest joint venture deal in car parts manufacturing industry.
Iran’s major automaker SAIPA and France’s PSA Group have announced a deal to launch a joint-venture to produce and sell Citroen cars in Iran.
French media outlets reported that Iran and the French car manufacturer Renault have penned an agreement for restoring their cooperation in automotive industry.
Iran’s Saipa and France’s Citroen are finalizing a deal that will let the French monopolize the Iranian car market on the contrary to what Rouhani’s government had promised.
Iran’s President Hassan Rouhani said on Tuesday that the privatization of the country’s car industry is a key mission in the economic agenda of his government – an announcement already seen by analysts as a sign that Iran is already preparing to open up its economy to world markets.