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Iran to Nearly Double Auto Production by 2015

Last year, the Islamic Republic of Iran churned out 1.1 million vehicles. By 2015, they hope to hit the magic two mil mark. According to Manouchehr Manteghi of Iran's largest automaker, Irankhodo, the sanctions imposed due to the nation's nucular program haven't stayed technological progress, but they have made sourcing funding more difficult. Nevertheless, Irankhodo's working on plans for production lines in Belarus, Azerbaijan, Venezuela and Syria, as well as expanding Renault Logan production to 300,000 units.

Iran plans to produce two million cars by 2015 [Forbes]

Related:
Tehran Mandates Dual-Fuel Cars by July 23 [Internal]

3:00 PM on Wed Jul 11 2007
By Davey G. Johnson
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3 comments