Financial Tribune- Renault�s subsidiary in Iran, Negin Khodro, says it will introduce two new models by April 2017, the company�s CEO Jamshid Hosseini said in a December 4 interview with a local automotive website.

Negin Khodro (Jewel Vehicles) is a local subsidiary of Renault and is in charge of �imports, including the recently released Talisman model priced at 1.65 billion rials ($47,000) to 1.79 billion rials ($51,000) for the deluxe model.

Hosseini, speaking with persiankhodro.com, said Negin in collaboration with Renault will bring the hitherto unnamed models to the Iranian market. He added that Negin�s offer is good for the local market and �good news is on the way� for the planned new models.

This year is �a year of surprises� for the local market and Negin will contribute to that change, he said without elaboration. One of the possible newcomers to shape the market could be the Renault Kwid, a small crossover vehicle which was originally developed for the Indian domestic market. The Kwid is estimated to be priced at 250 to 300 million rials ($7,300 to $8,750).