Iran

[Shahab3]

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Iran, Russia ink accord to build KAMAZ trucks

LONDON, October 7 (IranMania) - Iran has begun to domestically produce the Russian trucks, KAMAZ. The truck assembly line will be officially launched after Eid ul-Fitr (the last day of the Muslims’ fasting month of Ramadan), the Persian service of Iranian Students News Students ISNA said.

The €300 mln contract to build the Russian trucks in Iran by Azarakhsh Diesel Co. is considered to be the largest industrial cooperation agreement ever signed between Iran and Russia.

Up to 1,500 trucks are expected to be produced annually in the first stage of the project however, when fully operational, the number will reach 5,000, the report added.
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20,000 L90s expected in Iran by March

LONDON, September 29 (IranMania) - A senior industrial official said that the joint venture with France's giant carmaker Renault will begin production of L90 budget cars from late October, stressing that some 20,000 units will be produced by next March.
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