EghtesadOnline: Local tire producer Barez Industrial Group will supply the French carmaker Renault with tires for its vehicles produced/assembled in Iran, the company’s deputy marketing manager said.

EghtesadOnline: Major tire producer Yazd Tire has concluded an export deal with Renault’s Algerian operations.

EghtesadOnline: Spokesperson of Iran’s Tire Producers Association, Mostafa Tanha, said that despite the domestic capacities to meet local tire demand, cheap Chinese competition continues to undermine local companies.

EghtesadOnline: Domestic production accounts for about 40% of tire and motor oil demand in Iran.

EghtesadOnline: Iran imported 72,000 tons of tires worth $244 million this year (March 2016-17), registering a 9% decrease in terms of weight compared to last year, the chairman of Tire Industry Association of Iran said.