Tag: Iran

By on September 30, 2016

Renault Duster

Few good news stories seem to originate in Iran, but Renault wouldn’t agree.

The French automaker has inked a deal with the government of Iran to massively boost vehicle production in the middle eastern country. (Read More…)

By on March 18, 2016

Suzuki Grand Vitara

There’s no question that I’m a fan of small, body-on-frame SUVs. For hauling various combinations of human and cargo across various terrains, smooth or otherwise, there is no substitute. In many parts of the world, the average roadway is somehow worse than even the Pennsylvania Turnpike, so a sturdy frame is paramount.

I’ve never been to Iran, but I’d imagine it’s one of those places where a rugged vehicle is required. Thus, it’s no surprise that the last-generation Suzuki Grand Vitara is still built there.

(Read More…)

By on August 23, 2015


Iran’s oil minister has said that an emergency OPEC meeting may be necessary to stem the tide of slumping worldwide oil prices, Reuters is reporting. Algeria has also called for an emergency meeting.

A barrel of crude oil slid to its lowest price last week of around $40, the lowest in more than six years. Record low gas prices could closely follow, which would help American drivers and car buyers, however the broader economic impact may be tougher to discern. Worldwide markets sank on Friday, largely on fears that China would slow its economic growth and instability in Greece could hamper European economies.

(Read More…)

By on May 4, 2015

Mary Barra and Chevrolet Volt at NAIAS 2015

Even though the first-generation Chevrolet Volt has had its price slashed every year since its debut, the next-generation range-extended electric vehicle will be priced even lower. This aims GM’s offering squarely at a number of more traditional hybrids.

(Read More…)

By on December 19, 2014


A year ago, TTAC broke news of back channel overtures being made towards Iran on behalf of General Motors. A number of Chevrolet Camaro Convertibles made their way to Iran via a complicated logistics network and the importations were of dubious legality. But the event highlighted a sentiment in the auto industry that few are willing to openly discuss: the BRIC countries, once the darlings of the emerging markets, have already been exhausted. The search for new markets is on, and that means places like Africa and Iran. And Cuba could be next.

(Read More…)

By on January 30, 2014

Iran Khodro Renault Production Line

After a six-month self-imposed hiatus, Renault has begun shipping “a very low volume” of parts overland to Iran for vehicle assembly.

(Read More…)

By on January 24, 2014

Renault Tondar 90. Picture courtesy of Iran Khodro

For the past few months, sanctions against Iran for their nuclear ambitions have sidelined PSA and Renault from the Persian market. Behind the scenes, General Motors outmaneuvered PSA despite their one-time alliance allowing them to muscle their way into aan emerging market via loophole abuse and an unknown quantity of Camaros. With GM out of the way, however, PSA would now be free to regain their footing once sanctions were lifted.

PSA won’t be alone in the upcoming battle, of course, as their compatriots at Renault have plans to return to Iran to reclaim what was lost, and then some.

(Read More…)

By on November 26, 2013


Weeks prior to the historic deal reached between Iran and the “P5+1” group of nations, TTAC reported on some of the machinations going on behind the scenes regarded the United States, France and their respective auto industries ability to do business in Iran. We put forth the theory that any deal with Iran would be a boon to auto manufacturers, who would have access to a market expected to be worth 1.5 million units in a few short years, with a very young population and a standard of living that is substantially better than many highly touted emerging markets.

At the time of publication, we encountered significant dismissal, if not disagreement. But as it turned out, negotiations had been ongoing since the start of 2013, and the preliminary deal appears to make the auto industry a big winner.

(Read More…)

By on November 7, 2013


An obscure story in the Azerbaijani press this past summer may be the tip of a much larger iceberg involving General Motors, PSA Peugeot Citroen and the Western World’s current bete noir: the Iranian regime currently embroiled at the heart of a controversial nuclear program, which is subject to economic sanctions by the United States government, including those that specifically target Iran’s automotive industry.

Citing reports from Iran’s Mehr news agency, an Azerbaijani news outlet reported that an unspecified number of brand new Chevrolet Camaro RS 2LT convertibles were imported by a division of Iranian conglomerate Iran Khodro. According to the report, the Camaros were sent from Miami to Paris, and then from Paris to Tehran via a Qatar Airways plane. The report also states that US Customs and Border Patrol documents list the final destination as the Aras Free Trade and Industrial Zone.

(Read More…)

By on July 26, 2013


Following PSA’s exit from Iran last year, Renault is the latest French car maker to leave the Middle Eastern country, thanks to American derived sanctions.

(Read More…)

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