Renault Pars
File:Renault Pars logo.png | |
Native name
|
شرکت رنو پارس |
---|---|
Joint venture | |
Industry | Automotive |
Founded | 24 March 2004[1] |
Headquarters | Tehran, Iran |
Owner | Renault (51%) IDRO Group (49%) |
Website | www.renault.co.ir |
Renault Pars (Persian: رنو پارس, pronounced [ɾeˈnou ˈpɒːɾs]) is an Iranian joint venture established in 2004 and owned by Renault and Iran's Industrial Development Renovation Organisation (IDRO) .[2] The company is in charge of managing the assembly of CKD Renault cars by local manufacturers Iran Khodro and Iran Saipa's Pars Khodro.[3][4]
History
Renault cars were manufactured in Iran as early as December 1976, when a local company started the production of the Renault 5.[5] However, several restrictions made difficult for Renault to manufacture locally. The restrictions were reduced in the 1990s[4] and Iran Saipa produced various Renault cars, including the 5 and the 21.[6]
On 24 March 2004, Renault, IDRO and the Presidents of Iran Khodro and Saipa signed the agreement which established Renault Pars.[1] The company organises the assembly of imported CKD cars, but the engines are produced locally.[3]
Cars manufactured
- Renault L90 (2004–2005)
- Renault Tondar 90 (2005–present)
References
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