• HOME
• 
• AUTO LISTINGS
• 
• FINANCE
• 
• NEWS
• 
• DIRECTORY
• 
• REVIEWS
• 
• FORUM
• 
• BLOG
• 

Hyundai Iran Rolls First Vehicles off of New Line

Irans Car Industry is Growing Rapidly with Hyundai, VW, Renault and PSA Currently Producing Cars There

While BMW just became the first automotive company to export cars into Iran in decades, South Koreas Hyundai Motor Co. just finished production of its first Iranian-made vehicles, celebrating line-off last Wednesday.

"The first Hyundai Verna models assembled by Kerman Motor were delivered to their Iranian customers today," commented a spokeswoman for the Kerman Automotive Industries Co., the automakers Iranian partner in a Reuters report.

In the same report, Jae Won Joo, Hyundais general manager

South Koreas Hyundai Motor Co. just finished production of its first Iranian-made vehicles. (Photo: Alexandra Straub, American Auto Press)

in Iran, stated, "In the initial stage, 20,000 to 30,000 cars will be assembled in Iran."

Hyundai expects production will eventually achieve 100,000 units per annum.

"We think we can easily hit that target and give the Iranian customers new choices in buying cars," Joo added.

The plant has been set up in southeast Iran in the province of Kerman.

Kerman Automotive Industries has been building Korean cars for a decade, having assembled Daewoos since 1992. With Daewoo having

Hyundai is progressive in the Middle East, being the first automaker to set up a retail dealership in war-torn Iranian neighbor Iraq. (Photo: Trevor Hofmann, American Auto Press)

been purchased by General Motors the cooperative partnership was ended, opening the doors for a new relationship with Hyundai.

In July Kerman also inked a deal with Volkswagen AG, to assemble more than 20,000 vehicles, which are scheduled for line-off in December.

Kermans competitor Iran Khodro, a state-run manufacturer which is also the Middle Easts largest, recently signed agreements to build vehicles for French carmakers Renault and PSA/Peugeot-Citroen SA.

Hyundai is progressive in the Middle East, being the first automaker to set up a retail dealership in war-torn Iranian neighbor Iraq (see news archives for Apr 15, 2004: New Hyundai Dealership Opens in Baghdad amid Recent Violence). No doubt, the same value-content approach used in Western nations will make them successful in all markets.

Page:  1

AUTOMOBILE REVIEWS BY MAKE

Acura  Audi   Bentley   BMW   Buick   Cadillac   Chevrolet   Chrysler   Daewoo   Dodge   Eagle   Ferrari   Ford   Geo   GMC   Honda   Hummer   Hyundai   Infiniti   Isuzu   Jaguar   Jeep   Kia   Lamborghini   Lexus   Lincoln   Lotus   Maserati   Mazda   Mercedes-Benz   Mercury   MINI   Mitsubishi   Nissan   Oldsmobile   Plymouth   Pontiac   Porsche   Saab   Saturn   Scion   Subaru   Suzuki   Toyota   Volkswagen   Volvo