Minister of Industry, Mining and Trade said: Private Sector can also become one of the greatest powers in the automotive industry beside Iran Khodro and Saipa.
Nowadays, there are mesmerizes about the possibilities of United States’ new sanctions against Iran and this could affect the commercial activities of Iran’s French partners such as Total, Renault and Peugeot.
VW, Fiat, Renault, Peugeot-Citroen, KIA and Nissan were the first automakers to be announced as possible partnership candidates to Iran’s automotive industry, especially with the two major automakers of Iran, right after JCPOA.
Last year, managers of both major auto makers of the country told that they are going to sell their subsidiaries but they did not do anything special to sell them. According to some auto industry experts, sale of subsidiary companies and their participation with foreign investors, is the only way Iranian automakers can survive.