Jun 20, 2006, 8:56 PM

Renault experts to visit Iran soon

TEHRAN, June 20 (MNA) -- A delegation of French auto experts is expected to visit Iran soon to inspect the joint assembly line for Megan 1600 and 1800 and to deliberate on finding export markets for domestically produced models as foreseen in Renault’s 2007 plans.

In the meantime, the acting director of Renault left France for Iran on Tuesday to pay a visit to Pars Khodro Company, an affiliate of Renault Pars.

Renault Pars has agreed to establish four dealerships in Tehran and five others in Mashhad, Shiraz, Tabriz, Isfahan, and Rasht in the initial phase of Megan sales while eight more will be set up in eight other designated townships when the second stage kicks off.

In the first juncture, 3,000 passenger cars will be offered to the market in the CBU (completely built unit) form and thereafter the local production will increase to 20,000 within three years.

Megan comes with two years warranty on engine, known as L90, and the body and paint receive 12 years.

The projected price for the 1600 is 180-190 million rials ($20,000) and the 1800 is estimated to range from 260 to 270 million rials ($30,000).

ML/KK

END

MNA

News ID 17532