EghtesadOnline: French carmakers, PSA Group and Renault, through talks with their Iranian counterparts and local and foreign authorities, are deliberating over ways to remain in Iran’s market in spite of looming US sanctions.
EghtesadOnline: In the face of mounting pressure from the hawkish US President Donald Trump on international firms to ditch their Iran operations, Renault CEO Carlos Ghosn says the company is committed to maintaining its presence in the country.
EghtesadOnline: Several Swiss newspapers on Sunday reported that Swiss firms in Iran have stopped making new business contracts since two weeks ago.
EghtesadOnline: Through a joint venture with Iranian carmaker SAIPA, French automotive giant Citroen presold 2,000 units of its small city hatchback C3 in its initial offering in the country on May 16.
EghtesadOnline: As the fallout from the forex market volatility continued into Wednesday, the Cabinet approved a package by the Central Bank of Iran to stabilize the market and push speculators into a legal framework.
EghtesadOnline: More than three decades of sanctions have not negatively affected Iran's attractiveness as an emerging market.
EghtesadOnline: The announcement of Iran’s preliminary nuclear deal in July 2015 and the subsequent easing of sanctions augured a brighter economic outlook for the country.
EghtesadOnline: Recent anti-Iran remarks by US President Donald Trump had no adverse effect on the Iranian market and did not disturb it, Iran's vice-president for economic affairs said on Sunday.
EghtesadOnline: Producers and distributers today are not solely attempting to attract customers over product quality, but are focusing more on what makes customers stick to a certain company over the long haul: after-sales services.
EghtesadOnline: Germany is seeking to retake its shares in Iranian market, Manager of VDMA Company (Verband Deutscher Maschinen- und Anlagenbau, Mechanical Engineering Industry Association) said.