Iranian carmaker says cannot deliver presold Renaults

Financial Tribune – Pars Khodro, a subsidiary of Iranian car company SAIPA, reportedly presold 36,000 Renault cars which it now says it cannot deliver because the new US sanctions have disrupted the supply of parts.

The company used to sell Renault Logan (locally known as Tondar 90) plus Sandero and Sandero Stepway. According to the Persian-language economic newspaper Donya-e-Eqtesad, before the US re-sanctioned Tehran, the firm presold 36,000 Renault cars.

After the latest sanctions, the French carmaker, fearing the wrath of mercurial US President Donald Trump, put its Iran operations on hold. Soon after that the supply of parts was disrupted along with most delivery schedules.