Iran says suspended Renault car deal to go ahead
TEHRAN : A suspended deal between Iran and French car giant Renault to make a new mass-market vehicle aimed at Iranian consumers will go ahead after the two sides resolved an export dispute, the industry ministry has said. The landmark deal has been suspended since April when Iran insisted the plan would only go ahead if it could export some of the Iranian-made cars to the French automobile manufacturer's traditional markets.
Renault had previously only proposed that Iran export some car parts, but the Iranian industry ministry said Saturday Renault now agreed Tehran could export 20 percent of the Logan L-90 cars that would be made in Iran.
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