Renault November sale to Iran skyrocketed

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On December 22, 2015, Posted by , In News, With No Comments

Renault boosted its sale of cars to Iran by more than ten folds in November 2015 compared to the same month in 2014.

The French carmaker sold 8,050 cars to Iran. The November 2014 sale had been announced 780 cars.
Sales of Renault in November also rose by 27 percent compared to October, according to the Tehran Times.
The company’s overall sales to Iran for 2014 stood at 36,300 cars which showed a decrease of about 9 percent year-on-year.
Renault saw record high sales to Iran in 2011 and 2012 when it respectively sold 94,000 and 108,000 cars to the country.
The French major had to suspend its Iran business in 2013 after stricter sanctions were imposed on Iran’s nuclear program that specifically included tough restrictions on banking transactions with the country.

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