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Renault forms new JV company in Iran

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Chief competitive officer Thierry Bollore says the JV will enable an acceleration of Renault's growth in Iran.

Paris

FRENCH carmaker Renault said on Monday that it has signed a new joint venture deal in Iran following an initial partnership agreement struck last year, which Renault said would boost its growth in the country.

Western companies, including Renault and French rival PSA,

sentifi.com

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