Sputnik - The Iranian car manufacturing company Iran Khodro and the German Daimler concern signed an agreement on the start of production of Mercedes-Benz cars in Iran from the Islamic new year (late March), the ISNA news agency reported on Friday. The German car giant will launch manufacturing inIranthis year aspart ofcooperation withKhodro ...

Reuters - Germanys Mercedes-Benz Trucks signed a contract on Tuesday with Tehran-based automaker Iran Khodro, parent company Daimler AG (DAIGn.DE) told Reuters, laying the foundation for resuming distribution of its trucks in Iran. The deal between Iran Khodro and Mercedes-Benz Trucks includes creating a joint company that provides sales and after-...

Tasnim The CEO of Iran Khodro Company (IKCO) announced that his company has recently signed three contracts with the German automaker Mercedes-Benz to launch joint ventures. Speaking to reporters in Tehran on Saturday, Hashem Yeke Zare said three cooperation agreements have been signed between the IKCO and Mercedes-Benz. He added that two more ...

Iran Khodro expects to sign a commercial deal with Mercedes-Benz within the next six months, the CEO of the Middle Easts biggest carmaker says. The two sides have already reached an agreement on production of commercial vehicles and passenger cars in Iran. The current letter of intent will get down to signing in the first half of the next (Iranian) ...

Iran says it will soon sign a major deal with German automaker Mercedes-Benz over production of medium-duty diesel engines. Gholam-Reza Razzazi, the managing director of Iranian Diesel Engine Manufacturing (IDEM), told reporters that the cooperation with Mercedes-Benz will specifically involve the production of Arna mini-trucks as well as Arian ...

German carmaker Mercedes-Benz has paid Iran Khodro 42 million euros in compensation for leaving Iran in the heyday of Western sanctions on the Islamic Republic, Tehran-based media reports say. The reparation comes as Mercedes, owned by Daimler, seeks to return to Iran in anticipation of sanctions being lifted after last months conclusion of nuclear ...