China's Changan to assemble compact cars in Iran

Newswire

SHANGHAI, May 30 (Reuters) - Chongqing Changan Automobile Co , a China partner of Ford Motor , said on Friday it plans to assemble compact cars in Iran starting next year as it speeds up expansion overseas. Changan's compact Benni, which it developed in-house, will be assembled at a facility near Tehran beginning in the first half of 2009, targeting the local market, the Chinese company said in a statement. The facility, to be built by its partner Pars Industrial Development Foundation, ...

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