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Renault forms new JV company in Iran

Tuesday, August 8, 2017 - 05:50

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


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,

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