VIENNA – Volkswagen AG and Kerman Khodro Co. sign a licensing deal covering assembly of Brazilian-made VW Gols in Iran, solidifying a preliminary agreement made a year ago.
Initial plans call for the assembly of more than 20,000 VW Gols per year, but other VW models may be added in the coming years.
VW Gol output is to start before the end of the year at Bam Auto Mfg. Co. in the Arg-e-Jadid special economic zone near the city of Bam. BAMCO is a new sister company of ...
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