SearchVolkswagen starts automotive business in Iran

Volkswagen starts automotive business in Iran...
finchannel.com 06/07/2017 Auto

Keywords:#EU, #Finchannel.com, #Georgia, #Germany, #Iran, #Iranian, #Khodro, #Mammut, #Middle_East, #News, #Scania, #Turkey, #Ukraine, #United_States, #Volkswagen

The FINANCIAL -- Volkswagen will begin the sale of vehicles in Iran in August. Initially, Volkswagen’s Tiguan and Passat models are to be imported under a contract concluded with the Iranian automotive company Mammut Khodro.
The Volkswagen brand will thus again have a presence in the Iranian market after more than 17 years, and is systematically developing further worldwide market potential.
The privately-owned local partner Mammut Khodro – also the official Iranian importer for the Group’s Scania brand – will import Volkswagen brand vehicles into Iran and initially distribute them through eight dealers, focusing on the Teheran region, according to Volkswagen.
“By returning to Iran, the Volkswagen brand is filling in another blank spot on the global automotive map. We are thus strengthening our international presence still further. At the same time, we are taking our very latest models with premium features to our Iranian customers”, Anders Sundt Jensen, project manager for the Iranian market at Volkswagen, said.
Mehrzad Ferdows, Board Member & Owner of Mammut Group: “The Iranian automotive market is currently undergoing changes based on customer expectations. Comfort, environmental friendliness, safety, fuel consumption and modern mobility services are becoming increasingly important for Iranians. This has led to rethinking in the automotive industry and consequently a shift towards more modern vehicles and mobility solutions. Mammut Khodro feels very fortunate to be part of this transformation process as the partner of Volkswagen in Iran.”
The Tiguan and Passat imports mark the continuation of a long tradition for Volkswagen in Iran: the brand was already a familiar sight on the roads back in the 1950s with the Beetle, which was followed by the Bulli (1960s) and Gol (1990s), before Volkswagen completely withdrew from Iran in 2000. The initial aim of the present import initiative is to gain an insight into current market needs, establish the Volkswagen brand in Iran, and offer Iranians modern technologies “made in Germany”. The Iranian government estimates that there will be some 3 million new registrations in the overall passenger car market per year in the medium to long term.
Mammut Group established in 1995 is today one of the biggest private industrial companies and employers in Iran, active in the fields of automotive, construction, IT, logistics, telecommunications and financial services with its main focus on the Middle East region. "Khodro" is the Iranian word for "automobile".
---The FINANCIAL, Business News & Multimedia, Global brands, Investments and Personal Finance. Regional focus: United States, Georgia, Ukraine, Turkey, EU ---
...

Read more from Source »

Related articles based on keyword density
GLOBAL TOP 1000 WEBSITES 2016 – Ratak IT...
ratak.ir 16/03/2017 News
Ratak introduces global Top Websites of 2016 Data for table Top201702 1 1host2u.ir 1host2u.ir,Abarkooh,Armenia,Bahram 2,Bahram 3,Britain,Caesar,Carus,...View Details»

ISIS: The Spoils of the "Great Loot" in the Middle East - FPIF...
fpif.org 02/07/2014 Politics
Adding yet more warfare to the current crisis in the Middle East will perpetuate exactly what the imperial powers set out to do: tear an entire region...View Details»

Middle East - Security Council debates ending UN sanctions on Iran - ...
france24.com 13/03/2015 News
Major world powers have begun talks about a UN Security Council resolution to lift UN sanctions on Iran if a nuclear agreement is struck with Tehran, ...View Details»

35 Countries Where the U.S. Has Supported Fascists, Drug Lords and Ter...
plus.google.com 10/03/2014 History
By Nicolas J.S. Davies Alternative News Here's a handy A to Z guide to U.S.-backed international crime. 35 Countries Where the U.S. Has Supported Fas...View Details»

Media Scam? Iran and America Join Hands in Waging “The Global War on T...
globalresearch.ca 01/07/2014 Politics
By Prof Michel Chossudovsky Global Research, June 21, 2014 Following the incursion of jihadist rebels of the Islamic State of Iraq and the Levant (IS...View Details»


EOF