Renault Pars
| Company type | Joint venture |
|---|---|
| Industry | Automotive |
| Founded | March 24, 2004 |
| Founder | Renault, Industrial Development Renovation Organisation (IDRO) |
| Headquarters | Iran |
Area served | Iran |
| Products | Assembly of CKD Renault automobiles |
| Owner | Renault (51%), Industrial Development Renovation Organisation (49%) |
Renault Pars (, Renou Pars, ) represents a collaborative enterprise founded in 2004 in Iran, with ownership divided between Renault (holding 51%) and Iran's Industrial Development Renovation Organisation (IDRO) (holding 49%). This firm is responsible for assembling CKD Renault automobiles through partnerships with local producers Iran Khodro and SAIPA's subsidiary Pars Khodro.
History
The production of Renault vehicles in Iran dates back to December 1976, starting with the Renault 5.[1] Initially, local manufacturing faced significant restrictions; however, these limitations were relaxed during the 1990s,[2] which allowed Iran SAIPA to manufacture models such as the Renault 5 and 21.[3]
The official establishment of Renault Pars occurred on 24 March 2004, following an agreement among Renault, IDRO, and senior representatives from Iran Khodro and SAIPA.[4] This joint venture coordinates the assembly of CKD kits imported from abroad, while the production of engines takes place within Iran.[5]
Despite Renault's withdrawal from the Iranian market by 2018, local manufacturers maintained vehicle production. By 2020, SAIPA, the parent company of Pars Khodro, introduced a modernized version of the original Dacia Logan, marketed as the SAIPA Renault Pars Tondar. According to CEO Javad Soleimani, this model incorporates more than 85% domestically produced components.[6]
Cars manufactured
- Renault L90 (2004–2019)
- Renault Pars Tondar (2012–2019) – also referred to as the SAIPA Renault Pars Tondar
- Renault Sandero (2015–2020)
- Renault Sandero Stepway (2016–2020)
External links
- ↑ 1978 Business International Research Report
- ↑ Cite error: Invalid
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