Taking into account an average price of EUR7,000 per each CKD kit, complete knockdown kit exports to Iran stood at EUR420 million last year.
“After the lifting of the sanctions our activity, which slowed down, should be resumed at a normal pace. It is good news for the group because the Iranian market is important to us,” Renault Romania’s communications department representatives said.
Renault stopped delivery of CKD kits to Iran on July 1 this year, due to the tightening of the sanctions imposed by the US, according to the French media.
Last year, Renault sold almost 101,000 cars in Iran, more than 60,510 of which were Tondar 90, the Iran-assembled version of the first generation Logan, according to bestsellingcarsblog.com. Sales of the model dropped to almost half, 30,000 units in the first ten months of the year.
(English version by Loredana Fratila-Cristescu)