Asre Khodro - Iran's contract with Renault was signed

Iran's contract with Renault was signed

Asre Khodro - Iran's 660-million-euro deal was signed with Renault's French automobile company.

Monday 07 August 2017 - 12:53:00

Reporting "Asre Khodro", the framework for cooperation between IDRO and Renault was signed in Paris 10 months ago, with Renault's share of 60% and IDRO 40%.
Today, after negotiations, the share of IDRO was reduced from 40% to 20% and the cooperation was trusted tripartitely with the presence of Parto Negin Naseh holding.
The Ministry of Industry has announced that this contract is the largest investment in the history of the automotive industry between Renault and IDRO.
The new Symbol and Duster cars would be the first vehicles to be manufactured by this factory in 2018.
Based on this agreement, Renault would have its distribution centers, sales and after sales services for the first time in Iran.

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RenaultIDRONegin KhodroRenault contract

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