UPDATE 1-Renault signs deal to build Logan L90 in Iran


(Adds details) TEHRAN, May 24 (Reuters) - France's Renault has signed a deal with Iran to build its no-frills Logan (L90) car in the Islamic Republic, a Reuters reporter at the signing ceremony said on Wednesday. Iranian analysts have speculated that Renault's investment could total $2 billion. French analysts say the investment would be several hundreds of millions of euros in the initial stage, while Renault has said it has only invested 70 million euros ($89.8 million) so far. ...

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