VW's Seat considers selling cars in Iran - CEO

Asre Khodro - Volkswagen's Spanish subsidiary Seat is considering selling its cars in Iran to broaden its reach beyond the crowded European market, its chief executive said on Tuesday.

Friday 10 March 2017 - 13:41:00

VW's Seat considers selling cars in Iran - CEO

Reporting "Asre Khodro", Seat has been invited by the Spanish government to explore opportunities in Iran but entering the market would require major investment and only work in conjunction with Seat's German parent VW, Chief Executive Luca de Meo told Reuters.

"It's not a market where we can go alone," de Meo said at the Geneva auto show. "We have to see what our sisters and brothers are doing. We are analysing the situation but nothing concrete is on the table."

French carmakers once dominated the Iranian market and both PSA and Renault are ramping up investment and production there after an international deal to lift sanctions in return for curbs on Tehran's nuclear activities.

Western and Japanese carmakers that had previously avoided Iran are also eyeing its potential and Iran's deputy industry minister told a conference in Tehran last month that VW may soon finalise a production deal with an Iranian company.

VW has said its main car brand was always looking for new market opportunities around the world and was monitoring developments in Iran closely while conducting talks there on different levels.


Source: reuters.com

برچسب ها

Iran automotive marketVWSeat
مطالب مرتبط بیشتر
The second victim after SEAT on the verge of escaping from Iran No Cherry-Picking, All Low-Quality Cars Have to Go Details of new rules for importing car to Iran VW's Skoda still aims to build budget car for emerging markets European carmakers on the road back to Iran after nuclear deal Renault has reached to the top market for imported cars in Iran Iran is the place for peugeot to jump the platform VW to start importing cars to Iran in August with partner Mammut Khodro What Future for Iran Car Market? France’s Peugeot, Total Looking for Stronger Presence in Iran French Leverage in Iran Auto Industry Iran Carmakers Obliged to Offer 2-Year Guarantees Over 13 million cars in use in Iran Renault Imports to Iran Increase 110% VW brand to lift profitability as cost cuts work: CEO Iran to Finalize Deal with Renault in Weeks: Minister Iran Khodro Group Retains 39% Market Share Iran stars as Renault powers to record 2016 sales Iran talks with Germany’s VW to produce passenger car Renault Duster May Be Obsolete VW to made CNG cars for Iran Iran has potential to be top-10 auto market by 2020 Renault Sales in Iran Up by 127% in September Volkswagen and Skoda look into Iran market entry Renault Looks to Grow Automotive Presence in Iran Iran’s Car Market: Heading High or Low? Peugeot targets 150,000 vehicle sales in Iran in second half A positive political environment has helped Iran’s car market Peugeot to try for making Iran its manufacturing hub in Middle East, Africa Germany’s Bavaria to dispatch trade delegation to Iran on Sept. 4 No request to raise the automobile's price is sound Record Registrations for Groupe Renault in H1 2016 Automotive Targets Highlighted How to seize Iran’s automotive opportunities Renault’s Iranian market share rises 7-fold in post-sanction era "VW business partner selection in Iran has also postponed" VW In Iran Rouhani vows to privatize Iran’s car industry Volkswagen outpaced the domestic carmakers in France last month VW and Skoda reportedly eyeing Iran as sanctions lift Japanese traders seek new opportunities in Iran Volkswagen and Skoda look into Iran market entry 51 people cram into back and front seats of classic VW camper to set world record Peugeot and Renault in pole position to enter Iran’s car market Iran Opening Up, The New Land Of Opportunity Picking winners in the race to Iran Iran important market for European businesses: expert Azerbaijan not impressed by car opportunities of Iran Impact of Iran deal on the automotive market European car makers strives to regain share in Iran's auto market Iran automotive market ‘on edge to take off’
Back to top