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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.
Iranian President Hassan Rouhani test-drove a domestically-manufactured electric car on the National Clean Air Day.
“The contract between Iran and France’s Peugeot is a joint venture; that is to say, we have a firm to jointly manufacture cars, which is owned 50% by Peugeot and 50% by Iran Khodro...
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.