Financial Tribune - The joint venture company between France’s Citroen and Iran’s SAIPA delivered the first Citroen C3s made in the central city of Kashan to customers earlier this week in Tehran.

Ali Momeni, sales manager of the JV says, “So far, 700 Citroen C3s have been produced and production would continue as planned,” saipanews.com reported.

In May 2018 when the JV, aka as SAIPA-Citroen, launched a limited presale of the model, 2,000 applicants paid 600 million rials ($5,600) in advance for the new car. Early last week media reports said SAIPA had priced the locally made Citroen C3 at 2.4 billion rials ($22,400).