TEHRAN (ISNA)- The CEO of Iran Khodro, Iranian largest state-run carmaker, Hashem Yekeh-Zareh, said the company has been negotiating with two Japanese automakers Suzuki and Datsun. The two sides have had good negotiations and in addition to the New Car Vitara, two new sedans that companies Ciaz and Baleno will be jointly produced and presented ...

The amount of the compensation which French auto manufacturing company Peugeot-Citroen PSA should pay Iran is over 200 million euros, Hashem Yekeh Zareh, the CEO of Iran Khodro Industrial Group (IKCO) said. Yekeh Zareh said that that a supportive-compensational package is forecasted in the Peugeot- IKCO recent deal, Irans Tasnim news agency reported ...