Renault says to announce Iran Logan deal on Wed

Newswire

PARIS, May 24 (Reuters) - Renault will unveil the details of a deal to produce its no-frills Logan model in Iran early Wednesday afternoon, the French carmaker said. "The ceremony will start at 13:30 (11:30 GMT)," a spokesperson told Reuters on Wednesday. "A statement will be sent out afterwards." Iranian analysts had speculated Renault's investment could total $2 billion. French analysts said the investment would be several hundreds of millions of euros in the initial stage while ...

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