TEHRAN, Feb. 03 (MNA) A member of Irans Car Manufacturing Policymaking Council has announced that Frances Peugeot will compensate for its previous contract with Iran. Mohammad Reza Najafi-Manesh said Iran has set several conditions for foreign automakers which need to be strictly followed for cooperation of any kind; accordingly, for manufacturing ...

TEHRAN (ISNA)- A member of Board of Directors of Iranian Automotive Parts Manufacturers Association Mohammad Reza Najafi-Manesh said car parts of new automobiles are being manufactured locally in Iran. "Iranian car-makers plan to produce several new home-made cars," he said, the producers face no problem in terms of technology or engineering to indigenize ...

TEHRAN (ISNA)- A member of Board of Directors of Iranian Automotive Parts Manufacturers Association Mohammad Reza Najafi-Manesh said the country would double car production in 2014. "The number of car manufacture in this year (started on March 21) will total 1.300.000," he told ISNA. Iran made 700.000 autos last year, he said, adding the largest ...