World auto giants to gather in Iran’s IAIIC

October 24, 2016 - 9:35

TEHRAN - Senior officials from international automakers such as Mercedes-Benz, Volkswagen and BMW will attend the 4th Iran Automotive Industry International Conference (IAIIC) which is due to be held on November 14-15 in Tehran, ISNA reported on Sunday.

According to the latest news, representatives from Renault, Peugeot, Citroen, Hyundai, Scania will also attend the conference and many other companies like Indian carmakers Tata Motors and Mahindra also expressed willingness to join the event.

Recently, there is some news that the South Korean automaker Hyundai and Volkswagen of Germany are negotiating with Iran to start producing their products in Iran.

Sources close to the matter say that probably the agreements with the mentioned automakers will be concluded on the sidelines of the fourth Iran Automotive Industry International Conference.

EF/MA