Renault Pars

Renault Pars Company
Native name
 شرکت رنو پارس
Joint venture
Industry Automotive
Founded 24 March 2004[1]
Headquarters Tehran, Iran
Owner Renault (51%)
IDRO Group (49%)
Website www.renault.co.ir

Renault Pars (Persian: رنو پارس‎‎, pronounced [ɾeˈnou ˈpɒːɾs]) is an Iranian joint venture established in 2004 and owned by Renault and Iran's Industrial Development Renovation Organisation (IDRO) .[2] The company is in charge of managing the assembly of CKD Renault cars by local manufacturers Iran Khodro and Iran Saipa's Pars Khodro.[3][4]

History

Renault cars were manufactured in Iran as early as December 1976, when a local company started the production of the Renault 5.[5] However, several restrictions made difficult for Renault to manufacture locally. The restrictions were reduced in the 1990s[4] and Iran Saipa produced various Renault cars, including the 5 and the 21.[6]

On 24 March 2004, Renault, IDRO and the Presidents of Iran Khodro and Saipa signed the agreement which established Renault Pars.[1] The company organises the assembly of imported CKD cars, but the engines are produced locally.[3]

Cars manufactured

References

  1. 1 2 "Renault in Iran". Renault Pars. Archived from the original on 5 November 2013. Retrieved 24 February 2014.
  2. ↑ "Renault to produce cars in Iran". BBC News. BBC. 6 October 2004. Retrieved 22 February 2013.
  3. 1 2 Grünig, Rudolf; Morschett, Dirk (2011). "Strategies for Being International". Developing International Strategies: Going and Being International for Medium-sized Companies. Springer. p. 310. ISBN 978-3-642-24724-8.
  4. 1 2 Alizadeh, Parvin; Hakimian, Hassan, eds. (2014). "The development of Iran's auto industry in a comparative perspective". Iran and the Global Economy: Petro Populism, Islam and Economic Sanctions. Routledge. p. 157. ISBN 978-0-415-50554-3.
  5. ↑ "Operating in Iran: an economy coming of age". Business International Research Report. Business International. 78 (1): 31. 1978.
  6. ↑ Savary, Julien (1993). "Integration, globalisation and industrial location in Europe". In Cox, Howard; Clegg, Jeremy L; Ietto-Gillies, Grazia. The Growth of Global Business (RLE International Business). Routledge Library Editions: International Business. Routledge. p. 178. ISBN 0-415-09062-8.


This article is issued from Wikipedia - version of the 9/28/2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.