Renault to Sell  Kwid at $8,800  in Iran
Renault to Sell  Kwid at $8,800  in Iran

Renault to Sell Kwid at $8,800 in Iran

Renault to Sell Kwid at $8,800 in Iran

Renault is to produce its hugely popular model, Kwid, in Iran and it is to be priced at about 31 million rials ($8,800 at market exchange rate). Peyman Kargar, managing director for Renault Middle East and director of the French company’s local subsidiary Renault Pars, announced the recent development in a press conference on Monday.     Although Kargar emphasized that no final decision has been made, he confirmed the previous speculations and said the model is to be produced in collaboration with Iran Khodro, Iran’s oldest and largest auto manufacturer. He did not mention when they will be marketed in Iran. Kargar added that in case negotiations between the two automotive giants fail, Renault might hand the production of the model to its local subsidiary.


Short URL : https://goo.gl/UnvDxx
  1. https://goo.gl/ieZh36
  • https://goo.gl/tePcfe
  • https://goo.gl/dAL0FL
  • https://goo.gl/yrgBhJ
  • https://goo.gl/481Vdj

You can also read ...

EU Rushes to Protect Economic Interests in Iran
With a reputation of a slow-working institution that only gets...
Swiss Firms Preparing to Quit Iranian  Market Over US Sanctions Risks
Several Swiss newspapers on Sunday reported that Swiss firms...
Google Stands to Lose Up to $4.3b in UK Privacy Suit
Google appeared in a UK court on Monday to argue against a...
German Companies Cannot Be  “Totally Shielded” From US Iran Move
The German government will help German firms with business in...
Chabahar’s Shahid Beheshti Port: Cheapest Business Option in Region
With new moderated prices for services offered at Chabahar’s...
Tehran Stocks Unshaken by US Nuclear Deal Pullout
Iran nuclear deal seems to be on life-support these days, as...
HTC’s Next Flagship Specs Leaked
A testing subdomain on HTC’s website has confirmed the already...
Russian Railways: Iranian Project Not Subject to US Sanctions
The state monopoly Russian Railways considers its project on...

Add new comment

Read our comment policy before posting your viewpoints