Companies / Iran
Attempts To Make Carmakers More Self-Sufficient Continue
July 2010 | Industry NewsThe Iranian government has tried to push the country's two major carmakers a step closer to privatisation by reducing its stake in them, although their sale is unlikely to bring the investment and technology sharing that would greatly help them. As Iran's relationship with the West becomes more strained, with EU ministers on the verge of approving further sanctions against the country, the government's shares were acquired by
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