Russia's AvtoVaz says in talks to make cars in Iran
Tehran (KNA) - A senior Russian official says the country’s largest carmaker AvtoVaz is negotiating the assembly and sale of its cars in Iran where there is massive pent-up demand for new automobiles.
Negotiations are underway with a number of countries, such as Iran," Viktor Kladov, director for international cooperation and regional policy of Russian state conglomerate Rostec, was quoted as saying on Wednesday.
"I mean both the sales and the assembling," Russian TASS news agency quoted him as saying on the sidelines of the AERO INDIA 2019 exhibition.
AvtoVaz, majority-owned by France's Renault and its alliance partner Nissan, produces Russia's best-selling Lada brand.
Source: PressTV