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Renault Pars

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Renault Pars Company

Native name

شرکت رنو پارس

Company type

Joint venture

Industry

Automotive

Founded

24 March 2004^[1]

Headquarters

Tehran

Iran

Owner

Renault (51%)
IDRO Group (49%)

Website

renault-iran.com

Renault Pars (Persian: رنو پارس, Renou Pars, 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 SAIPA's Pars Khodro.^[3]^[4]

History[edit]

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]

By 2018, Renault had left the Iranian market, but its cars were still being made by its local partners. By 2020 SAIPA (Pars Khodro's parent) was making a updated version of the original Dacia Logan called the SAIPA Renault Pars Tondar with over 85% of local parts, according to company CEO Javad Soleimani.^[7]

Cars manufactured[edit]

Renault L90 (2004–2019)
Renault Pars Tondar (2012–2019) - also known as the SAIPA Renault Pars Tondar^[8]
Renault Sandero (2015–2020)
Renault Sandero Stepway (2016–2020)

References[edit]

^ ^a ^b "Renault in Iran". Renault Pars. Archived from the original on 5 November 2013. Retrieved 24 February 2014.

^ "Renault to produce cars in Iran". BBC News. BBC. 6 October 2004. Retrieved 22 February 2013.

^ ^a ^b 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.

^ ^a ^b 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.

^ "Operating in Iran: an economy coming of age". Business International Research Report. 78 (1). Business International: 31. 1978.

^ 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.