Iran automobile market looks a lot like the same market in Central and Eastern Europe these days. That is because of some similarities between the two regions. Similarities in the economy, politics and culture make vehicle taste almost the same.
Sanctions against Iran back in 2012 caused a huge load of discussions regarding the compensations that global car makers must pay Iran as they were the other party to the mutual automotive contracts with Iran. The party that left the country and abandoned the terms of the agreements and contracts so it is inevitable to pay some compensations. The question is that must there be any compensations during or because of sanctions?
Geneva Motor Show is an annual motor event that is held in Geneva, Switzerland and it is the most important car event for carmakers, journalists and experts. But what is so important about this motor show?
During the last two years, JCPOA had positive effects on Iran’s automotive industry but some believe that this joint comprehensive plan didn’t have any effects on this industry.