SAIC Motor

EghtesadOnline: Despite the reinstatement of US sanctions against Iran's key automotive industry, a joint venture between China's SAIC Motor and Farda Automobile Manufacturing Co (FAM Co) has started operation in Semnan with the inauguration of a production line for the SUV model MG RX5.

EghtesadOnline: Shanghai-based SAIC Motor Corporation, which produces Roewe and MG vehicles, plans to introduce three hybrid vehicles to the Iranian market at the Tehran Auto Show in February, which will be held at the new exhibition center Shahr Aftab (Sun City), south of the capital.