4 new cars co-produced with foreign companies to enter Iran’s market

In collaboration with foreign companies, Iranian carmakers are going to introduce four new passenger car models into the country’s market during the next Iranian calendar year (March 21, 2018- March 20, 2019), according to an industry official.

Head of the Industrial Development and Revolution Organization (IDRO) Mansour Moazami, said since the implementation of the nuclear deal in 2016, Iran has signed six contracts with foreign carmakers to coproduce passenger cars inside the country, IRNA reported on Wednesday.