Economy, Auto
0

Renault Captur's Modest Share in Iran

Renault Captur's Modest Share in IranRenault Captur's Modest Share in Iran

The semi state-owned Iran Khodro Group assembled 1,800 units of Renault Capturs during the first 11 months of the current fiscal year that ends on  March 20. A company press release claims that IKCO has been adding new vehicles to expand its market share.The sale of the small SUV was launched in June. The model is based on Renault’s Clio, with a small 1.2 liter gasoline engine.  The raised ride height, being 50 cm from the floor, gives it the look of a micro-SUV. The vehicle was initially offered for 989 million rials ($29,000). With IKCO producing the Peugeot 2008 — which is pegged against the Captur — it remains to be seen whether the company will continue to produce the Captur.

 

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com