EghtesadOnline: Following a denial by a senior Khodro Sazi Sina executive that his company had won a contract against Mammut Khodro to produce Volkswagen vehicles in Iran, the German automaker has responded with the same bemusement to the media's request for further information.
EghtesadOnline: Contrary to reports that commercial vehicle importer Khodro Sazi Sina (KSS) has outbid Mammut Group's subsidiary on the contract for the import of Volkswagen-branded cars to Iran; the managing director of KSS has dismissed the original report as "baseless".
EghtesadOnline: Germany’s Volkswagen says it has picked a local Iranian auto company to represent it in one of the biggest markets of the Middle East.