Saturday, December 4th | 1 Tevet 5782

Subscribe
November 30, 2014 7:03 am
0

Foreign Automakers Seeking Shares in Iran’s Car Market Find Locals in Control

avatar by News Editor

Tabriz, Iran. Photo: Wikimedia Commons.

Daily Mail – Foreign automakers seeking a return to the potentially huge Iranian market with the lifting of international sanctions will find the business environment has changed: former joint venture partners now want to play the game by their own rules.

Iran’s auto industry has been a major casualty of penalties imposed over the Islamic republic’s nuclear programme, with production plummeting and workers laid off because of the ensuing economic slowdown.

Read full story.

Share this Story: Share On Facebook Share On Twitter

Let your voice be heard!

Join the Algemeiner

Algemeiner.com

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.