Iran, Venezuela joint car company increases production - Cars for the Masses

The company plans to increase its production capacity from 2,200 to 16,000 units a year.


It sells around 20 cars on average per week..
Angel Herevia, Automotive Sector Analyst
According to director Rafael Bolivar, the company has come up with a contingency plan to make between 200 to 300 cars per week. The Turpial DLX and the Centauro EL, are the only models under production. The next plan is to consolidate independent and state-owned dealers.
Venirauto began production in November 2006 under a cooperation agreement signed between the governments of Iran and Venezuela. The Venezuelan state owns around 64% of the shares, and the rest goes to Iran's Toseyeh Sanayeh Khodoro Company.
There is only one manufacturing plant in Aragua. And the company intends to open two more in the states of Portuguesa and Barinas.
Venirauto is just one of many cooperation agreements signed between Tehran and Caracas that has helped Venezuela in its drive for self-sufficiency. After only five years, Iranian cars are an inseparable part of Venezuelan transportation system.

Category:

Science & Technology

Tags:

• iranian
• venezuelan
• caracas
• iran
• khodro
• samad
• production
• cars
• automobile
• industry
• economy
• people
• hugo
• chavez
• mahmoud
• ahmadinejad
• tehran
• republic

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