VIENNA – Iranian car maker Pars Khodro signs a deal with Renault SA for the assembly and distribution of the Renault Megane sedan beginning in mid-2006. Pars Khodro, controlled by Iran's Saipa Group, already builds vehicles for Renault partner Nissan Motor Co. Ltd. In addition, the company is one of two designated Iranian manufacturers for the Renault Logan entry-level car, production of which also is set to get under way in mid-2006. Megane will be offered with either 1.6L or 2L ...

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