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Renault : Iranian agreement

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08/08/2017 | 05:28 pm

Iranian agreement Iran has signed its biggest-ever car deal with French manufacturer Renault, a move that will see the production of 150,000 cars a year.

The £596 million agreement will see a plant outside Tehran produce Duster and Symbol cars starting in 2018, adding 150,000 vehicles a year to the Iranian market above Renault's already existing capacity of 200,000 vehicles a year. It follows the lifting of UN and European Union sanctions.

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