Affiliated companies

Renault

www.reault.co.ir

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In the implementation of development strategies, including entering into international markets through a well-known brand, AIDCO set up a joint venture under the name Renault- Pars with the French company, Renault, in2004-2005 in which Renault has 51% of total shares and AIDCO owns 49% of them. To do so, an agreement by which manufacturing of various autos with common platform was reached and executed that supply and assembling of Logan in Iran Khodro  production line was the first step of it. Now Iran-Khodro and Pars-Khodro have a manufacturing capacity for 250000 sets of autos per year. 90000 sets of Logan is being manufactured annually in the before mentioned production line in a way that more than 60% of auto parts is being supplied by Iranian manufacturers and less than 40% of it is laid on supply chain of Renault . The important point is that Iranian manufacturers and auto parts produced by them cover Renault quality requirements and are listed in the companys supply chain.