Renault Pars

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]

Renault Pars Company
Native name
شرکت رنو پارس
Joint venture
IndustryAutomotive
Founded24 March 2004[1]
Headquarters
Tehran
,
Iran
OwnerRenault (51%)
IDRO Group (49%)
Websitewww.renault-iran.com

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)
  • Renault Sandero (2015–present)
  • Renault Sandero Stepway (2016–present)
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References
  1. "Renault in Iran". Renault Pars. Archived from the original on 5 November 2013. Retrieved 24 February 2014.
  2. "Renault to produce cars in Iran". BBC News. BBC. 6 October 2004. Retrieved 22 February 2013.
  3. Grünig, Rudolf; Morschett, Dirk (2011). "Strategies for Being International". Developing International Strategies: Going and Being International for Medium-sized Companies. Springer. p. 310. ISBN 978-3-642-24724-8.
  4. Alizadeh, Parvin; Hakimian, Hassan, eds. (2014). "The development of Iran's auto industry in a comparative perspective". Iran and the Global Economy: Petro Populism, Islam and Economic Sanctions. Routledge. p. 157. ISBN 978-0-415-50554-3.
  5. "Operating in Iran: an economy coming of age". Business International Research Report. Business International. 78 (1): 31. 1978.
  6. Savary, Julien (1993). "Integration, globalisation and industrial location in Europe". In Cox, Howard; Clegg, Jeremy L; Ietto-Gillies, Grazia (eds.). The Growth of Global Business (RLE International Business). Routledge Library Editions: International Business. Routledge. p. 178. ISBN 0-415-09062-8.


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