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Iran’s carmaker Iran Khodro says no longer dependent on Peugeot

Iran Materials 25 December 2012 12:29 (UTC +04:00)

Azerbaijan, Baku, Dec. 25/ Trend G.Mehdi/

Iranian carmaker Iran Khodro has reached self-sufficiency in manufacturing car parts which had been supplied by French Peugeot, the Fars News Agency reported.

Iran Khodro CEO Javad Najmeddin told Fars that after 23 years the company has managed to manufacture Peugeot 206 and Runna cars without the need to be supported by Peugeot.

Currently, the Iranian automotive industry exports products to around 40 countries, he noted.

On November 27, ISNA reported that several car companies in Iran have halted their production, which caused the amount of car brands in Iran to diminish.

Such car brands as Nissan, Peugeot (sedan and hatchback), Toyota for several reasons, stopped their car manufacturing in Iran several months ago.

Because French Peugeot Company and Iran Khodro stopped the co-operation, the manufacturing of Peugeot 206 in Iran has stopped. As for Nissan's Maxima brand, the giant car manufacturer from Japan halted its business in Iran after 11 years.

However, in both cases with Nissan and Peugeot, several models are still being sold in Iran, such as Peugeot's 405 model, and Nissan's Teana.

The report said that aside from Nissan and Peugeot, such car brands as Chinese Lifan, Mazda, Suzuki, and Hyundai are still being manufactured in Iran.

They add up to Iran's own car brands, such as Samand, Peugeot Pars, Tondar 90.

Online news sources have revealed that Iranian car manufacturing has drastically diminished within just one year.

In October 2012, ISNA reported that car production in Iran fell by 66 percent in September 2012, compared to same month of 2011.

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