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Western carmakers to face Chinese competitors in Iran if sanctions lift

European manufacturers aim to return to the country if sanctions are eased under a proposed nuclear pact

Led by Chery, Lifan and Jianghuai, the Chinese have benefited from the vacuum left by the likes of Peugeot Citroen, which once counted Iran as its biggest market outside France.


WHEN Mohammad Kolahi wanted to replace his French Peugeot sedan this year, the Teheran business consultant looked East instead of West.

A friend was already driving a JAC J5, an Italian-designed four-door assembled in Iran for Chinese carmaker Anhui Jianghuai Automobile Co.