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French carmakers post decline in vehicle sales following withdrawal from Iran
Following pulling out from Iran under threat of US sanctions, French giant carmakers, PSA and Renault announced that their sales slumped in the first half of the year.
Renault hit by Iran withdrawal as quarterly sales drop 5%
Renault reported a decline in revenue and unit sales in the first quarter after withdrawing from Iran, weakness in some emerging markets and currency fluctuations.
ISMAPA ready to produce spare parts for Renault cars
The President of the Iranian Specialized Manufacturers of Auto Parts Association (ISMAPA), announced, on Sunday, the association's readiness to produce spare parts for Groupe Renault’s Sandero and L90 models following the suspension of activities by the French firm in Iran.
Renault says not to leave Iran market in face of more US sanctions
Chairman and CEO of Renault-Nissan Alliance said the French carmaker would not leave Iran even if Washington re-imposed new sanctions against Tehran.
Renault exports to Iran up
Leading French automaker Renault has announced that its exports to Iran has grown by 83 percent, noting that Tondar and Sandero brands have doubled the company's sales.
Iran-France ties on the rise
Since the nuclear agreement, the French press has begun to call Iran an “El Dorado” for French auto, energy, and high-tech firms, Mehr News Agency wrote.
Renault signs €660m deal with Iran
French automaker Renault on Monday signed a long-awaited joint venture deal with Iran worth €660 million ($779 million) to build up to 300,000 cars per year.
Following renewed push into Iran, Renault sales rise 10.4%
French carmaker Renault posted record vehicle sales for the first half as a sustained product offensive lifted global deliveries by 10.4 percent — with a well-timed China SUV launch and a renewed push into Iran both contributing.
Iran to finalize deal with Renault in weeks: Nematzadeh
The Iranian Minister of Industry, Mine and Trade Mohammadreza Nematzadeh said a much-awaited contract with French automaker Renault is going to be signed by March 20.
Renault Iran sales up 127% in September
French carmaker Renault announced that automobile sales to Iran surged by 127 percent in September.
Renault looks to greater presence in Iran
Renault is taking on a high profile in Iran. It is already in cooperation deals with the country's largest vehicle manufacturers: Iran Khodro and Saipa. The French auto giant is to set up a joint venture with the state-owned Industrial Development and Renovation Organization of Iran (IDRO). Renault will hold the majority of the shares.
Renault to enter new joint venture in Iran
French car manufacturer Renault (RENA.PA) said on Friday it has signed a deal to enter into a new joint venture in Iran that would allow it to strengthen its presence in the country after most trade sanctions were lifted earlier this year.
Renault to present five new car models in Iran
The giant French carmaker, Renault, is set to introduce five new car models in Iran's market, a senior industry official announced.
Saipa in talks with Citroen, Renault, Kia Motors
Iranian car manufacturing company Saipa is conducting negotiations with French automakers, Citroen and Renault, as well as South Korea's Kia Motors Corporation, announced the company's CEO.

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