EghtesadOnline: Mammut Khodro, an Iranian automotive firm, has received the first delivery of Volkswagen cars the company intends to import.
The shipment consisted of several completely built units of Volkswagen Tiguan and Jetta and was seen at Imam Khomeini International Airport, the local automotive website, Akhbar Khodro reported. Mammut Khodro has been VW’s local partner in importing a limited number of cars in the past two years. The two companies recently formed a joint venture through which -- in addition to imports -- they are to set up an assembly line by April. The VW’s Polo hatchback is rumored to be the first vehicle to be produced in Iran as part of the new venture, according to Financial Tribune.