Renault Pars Explained

Renault Pars Company
Native Name:شرکت رنو پارس
Native Name Lang:fa
Type:Joint venture
Foundation:24 March 2004[1]
Location City:Tehran
Location Country:Iran
Industry:Automotive
Owner:Renault (51%)
IDRO Group (49%)

Renault Pars (Persian: رنو پارس, Renou Pars, in Persian pronounced as /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

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

Notes and References

  1. Web site: Renault in Iran . Renault Pars . 24 February 2014 . https://web.archive.org/web/20131105180958/https://renault-iran.com/en/index.html . 5 November 2013 . dead .
  2. Web site: Renault to produce cars in Iran . . . 6 October 2004 . 22 February 2013.
  3. Book: Grünig . Rudolf . Morschett . Dirk . Developing International Strategies: Going and Being International for Medium-sized Companies . limited . Strategies for Being International . 2011 . Springer . 978-3-642-24724-8 . 310.
  4. Book: Alizadeh . Parvin . Hakimian . Hassan . Iran and the Global Economy: Petro Populism, Islam and Economic Sanctions . The development of Iran's auto industry in a comparative perspective . 2014 . Routledge . 978-0-415-50554-3 . 157.
  5. 1978 . Operating in Iran: an economy coming of age . Business International Research Report . Business International . 78 . 1 . 31.
  6. Book: Savary, Julien . Cox . Howard . Clegg . Jeremy L . Ietto-Gillies . Grazia . The Growth of Global Business (RLE International Business) . Integration, globalisation and industrial location in Europe . 1993 . Routledge Library Editions: International Business . . 0-415-09062-8 . 178.
  7. Web site: Iranian Carmaker To Restart Old Dacia Logan Production Without Renault's Involvement. November 14, 2020.
  8. Web site: SAIPA Renault Pars Tondar - Autocade. autocade.net.