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Renault to manufacture cars in Iran through JV

By Niranjan Mudholkar,

Added 30 September 2016

The joint venture will include an engineering and purchasing centre as well as a plant with an initial production capacity of 150,000 vehicles per year

Groupe Renault in Iran

Groupe Renault has been present in Iran since 2003 through a joint venture with SAIPA and IRAN KHODRO. Renault and its Iranian partners have produced 500,000 vehicles to date.

In 2015, Groupe Renault sales in Iran soared by 56.1% compared to 2014, reaching a total of 51,500 vehicles and 4.8% of market share.

Renault currently produces the following models in Iran: the Tondar, Tondar pick-up, Sandero and Sandero Stepway.

END

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