EghtesadOnline: Members of Iran Auto Part Makers Association met with South Korean parts makers over the weekend in Tehran and discussed prospects for expanding ties.

EghtesadOnline: Iran’s largest automakers Iran Khodro and SAIPA owe local parts makers $2.4 billion, according to industry insiders.

EghtesadOnline: Iranian parts makers will collaborate with PSA Group on the production of vehicles under Peugeot brand in Algeria, the French automotive giant’s executive vice-president and purchasing director said at a meeting with suppliers in Tehran on Tuesday.