Iran’s automotive industry accounts for 10 per cent of GDP and is the largest in the Middle East. An unexpectedly strong response to a Central Bank of Iran-backed programme of providing consumer loans has led to the scheme being suspended following…
Tag: Iran Khodro
Iran Khodro says Mercedes-Benz to sign production deal
Iran Khodro and German automobile-maker Daimler will sign a deal soon for the production of cars and commercial vehicles, Iran Khodro managing director Hashem Yekezareh has said. The announcement follows reports that Peugeot, France’s largest car-maker, is seeking to revive…