Economy, Auto

Renault Armenia Not Exporting Car to Iran

Renault Armenia Not Exporting Car to IranRenault Armenia Not Exporting Car to Iran

Following the recent report of the Kaptur model being produced by Renault in Armenia and exported to Commonwealth of Independent States and Iran, Renault Pars responded by saying the report is incorrect.  Originally reported in an Armenian paper and then translated by the English section of Armenia's, the report noted that a new production line would be set up in the Caucasian capital to expand Renault's operation.  In response, Renault Pars, the local of arm of the French auto giant, contacted Renault Russia for confirmation. Rejecting the report, the Russian arm of the company said it would release details on the real story later.  The company said in a statement, "Within the next two days, there will be the real article with the real facts and details concerning Renault Kaptur design and production at the Moscow plant." Renault clarified that Kaptur, which is only targeted for the Russian and CIS markets, differs from the Captur planned for Iran.