Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
by jgambino | Wed, 2010-01-27 16:07
selected project
Volvo, Truck Sales
description
Volvo has bee active in Iran for more than 60 years, mainly selling trucks. Since the 1970s the company has sold 40,000 units. In 2000 the company signed a new agreement, aiming to manufacture some 1,500 trucks in Iran a year. Sales have totalled 4,000 to 5,000 trucks a year. Volvo also owns a 30 percent stake in the Zamyad factory, located near Tehran.
Status
- Current Status:
- Discussion Date:
- Contract Date:
- Completion Date:
Citation
1. "Volvo Trucks Signs a New Agreement in Iran", Business Wire, 23 March 2001, available at http://www.encyclopedia.com/doc/1G1-72075017.html.
2. "Volvo Trucks Iran", Volvo, accessed 26 January 2010, available at http://www.volvo.com/trucks/iran-market/en-ir/aboutus/volvo_in_Iran/volv....
