Renault
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SAIPA Says to Produce 3,000 Renault Cars
EghtesadOnline: Pars Khodro, a subsidiary of SAIPA car company, has restarted producing Renault cars, the company said in a statement.
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Nissan Shares Down 30% Since Ghosn's Arrest
EghtesadOnline: A year after the arrest of then-chairman Carlos Ghosn, Nissan Motor continues searching for a new course while navigating a power struggle with alliance partner Renault—and investors…
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US Sanctions Against Iran Hurting Renault, Peugeot
EghtesadOnline: French automotive companies PSA Group and Renault have linked declines in their first-quarter revenues to their forced withdrawal from Iran under threat of US sanctions.
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Iranian Carmaker Says Cannot Deliver Presold Renaults
EghtesadOnline: Pars Khodro, a subsidiary of Iranian car company SAIPA, reportedly presold 36,000 Renault cars which it now says it cannot deliver because the new US sanctions have disrupted…
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Renault-Nissan Boss Arrested for Financial Violations
EghtesadOnline: Nissan Motor Co. Chairman Carlos Ghosn has been arrested over suspected financial violations, the NHK reported, and the carmaker said it will seek a removal of the industry icon…
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French Carmakers to Offer Packages to Remain in Iran
EghtesadOnline: French carmakers, PSA Group and Renault have held talks with Iranian officials during recent weeks to come up with “packages” to preserve their operations in the country.
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Renault, PSA in Marathon Talks to Maintain Iran Operations
EghtesadOnline: French carmakers, PSA Group and Renault, through talks with their Iranian counterparts and local and foreign authorities, are deliberating over ways to remain in Iran’s market…
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Renault to Stay in Iran
EghtesadOnline: In the face of mounting pressure from the hawkish US President Donald Trump on international firms to ditch their Iran operations, Renault CEO Carlos Ghosn says the company is…
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SAIPA Hands Over Bonro Factory to Renault
EghtesadOnline: Carmaker SAIPA has ultimately transferred ownership of its Bonro production plant in Saveh, 100km southwest of Tehran, to Renault, head of the Industrial Development and Renovation…
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French Stakeholders See Positive Side of Iran’s Auto Outlook
EghtesadOnline: Managing directors from French automotive companies PSA Group and Renault say Iran is seen as an appealing market by global carmakers. Renewing their companies’ commitment to…
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French Carmakers Reiterate Appeal of Iranian Market
EghtesadOnline: The Fifth Iran Automotive Industry International Conference opened Tuesday at the iconic Milad Tower in north Tehran. Managing directors from French automotive companies PSA Group…
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Peugeot, Renault Ties to Iran Deepen
EghtesadOnline: Data released by two major French carmakers has it that Iran accounts for 21% of cars sold under Peugeot’s brand worldwide and has a 6% share in Renault’s global sales.
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Renault, Hyundai Extending Lead in Iran Imported Auto Market
EghtesadOnline: During the nine months to Dec. 21, Renault and Hyundai with 15,114 and 12,687 cars respectively claimed the biggest share of Iran’s imported car market.
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Barez, Renault Sign Deal
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…
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Renault Can Shake Off SAIPA, IKCO Stranglehold
EghtesadOnline: Domestic carmakers need to grow and develop and move towards manufacturing rather than assembling cars from imported parts, says an advisor to the minister of industries.
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Renault Launches Used-Car Sales Scheme in Iran
EghtesadOnline: Negin Khodro, the local official importer of Renault cars, has launched a scheme for selling the brand’s secondhand cars in Iran’s market.
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Iranian Firm Signs Deal to Export Tires to Algeria
EghtesadOnline: Major tire producer Yazd Tire has concluded an export deal with Renault’s Algerian operations.
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IKCO Again Increases Price of Renault Captur
EghtesadOnline: The price of Renault’s Captur model, sold by Iran Khodro, has been increased by a massive 9%.
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Renault Looking at All Sides of Doing Business With Iran
EghtesadOnline: As the beleaguered US president’s heightens his rhetoric about the six world powers landmark nuclear deal with Iran and in the process creating a new international crisis waiting…
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Renault, Chery to Help Enhance Skills of Iran Workers
EghtesadOnline: From France’s Renault to China’s Chery, international automakers have started offering training services in Iran to help improve the skills of technicians and by extension increase…
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Iran Has 4% Share in Renault’s Int’l Sales
EghtesadOnline: Data released by Renault indicates that the company sold 99,617 cars in Iran during the first eight months of the current fiscal.
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Renault Trucks Stepping Up Presence in Iran
EghtesadOnline: Local vehicle manufacture SAIPA Diesel is in talks with the French Renault Trucks to introduce a new medium-duty truck in Iran.
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New Industrial Policy Transforming Iran’s Economy
EghtesadOnline: The Industrial Development and Renovation Organization of Iran concluded landmark agreements with French automaker Renault and transportation giant Alstom as well as Russian logistics…
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France Spearheads EU’s Resumption of Business With Iran
EghtesadOnline: After a lengthy negotiation, the Renault Group finalized a contract for a joint venture with Iranian carmakers on August 7.
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Renault Megane Returning to Iran
EghtesadOnline: Renault is set to introduce the fourth generation of Megane into Iran’s auto market via its local partner Negin Khodro following years of absence.
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Renault's Plan for Iran Auto Market
EghtesadOnline: During the past decade, continent by continent, Renault has bought out bankrupt companies and transformed them into profit-making production centers. Now the French business is…
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Reality Catching Up With Mediocre Carmakers
EghtesadOnline: Two leading state-run carmakers, Iran Khodro and SAIPA, are struggling to maintain their monopoly over Iran’s market. Recently their struggle got all the more difficult. A new…
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Iran-Renault joint product will enter market next year: IDRO official
EghtesadOnline: A sum of 300,000 Renault cars will be built in a five-year term and first products will enter the market in the final months of the next Iranian calendar year (started March 21,…
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Renault Concludes €660m Deal in Iran
EghtesadOnline: French carmaker Renault has signed the long-awaited trilateral production deal with Industrial Development and Renovation Organization of Iran and a local private company Negin…
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Renault Signs New Production Deal in Iran
EghtesadOnline: As per an agreement signed on Sunday between Renault and its local partners, the French car company will increase production in Iran.