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Volkswagen starts automotive business in Iran

Green Car Congress

Volkswagen will begin the sale of vehicles in Iran in August. Initially, Volkswagen’s Tiguan and Passat models are to be imported under a contract concluded with the Iranian automotive company Mammut Khodro. The Volkswagen brand will thus again have a presence in the Iranian market after more than 17 years.

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Groupe Renault forms JV in Iran

Green Car Congress

Groupe Renault, IDRO and PARTO NEGIN NASEH Co (NEGIN Holding) are forming a new joint venture company in Iran to boost Renault's presence in the country and step up the brand’s growth. They will be owned and operated by the joint venture company. The parties expect completion to take place on or around 30 October 2017.

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Saudi Arabia And Iran Reignite The Oil Price War

Green Car Congress

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. Iran, OPEC’s third-largest producer, is trying to convince its oil customers to continue buying Iranian oil despite stringent U.S. by Tsvetana Paraskova for Oilprice.com. sanctions kick in.

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PSA Peugeot Citroën to create a joint venture in Iran with Iran Khodro

Green Car Congress

PSA Peugeot Citroën, which has operated in Iran for more than 30 years, and Iran Khodro signed a joint venture agreement to produce latest-generation vehicles in Iran. This 50/50 joint venture lays the foundations for a strategic partnership between the two companies. The capacity to export JV products across the region.

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Iran negotiations, OPEC meeting loom for oil markets

Green Car Congress

With the clock ticking, the 5 permanent members of the UN Security Council plus Germany (P5 plus 1) are negotiating down to the wire with Iran over its nuclear program. Iran has signaled its willingness to accept international inspections of its nuclear program and the possibility of receiving enriched uranium from abroad.

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Fake “Starlink Iran” website with Bitcoin payments launched in apparent scam

Teslarati

The existence of the alleged “Starlink” site was shared initially by Reddit and Twitter users from Iran, who immediately noted that the “StarlinkIran.com” website was most certainly a scam. The post Fake “Starlink Iran” website with Bitcoin payments launched in apparent scam appeared first on TESLARATI.

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Iran-Khodro to Unveil Hybrid Bus

Green Car Congress

Iran’s largest car and truck-manufacturing company, Iran-Khodro, will unveil what it calls the Middle-East’s first hybrid bus. “The hybrid system designed in this project was installed on one of Iran-Khodro Diesel Co. IKD) city buses.

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