KIA (Korea) and SAIPA (Iran) have struck a deal to manufacture Korean cars in Iran, SAIPA Director General Saeed Madani said, Iran.ru reports.
KIA Cerato will be the first Korean car to be manufactured there. They will have engine volumes of 1600 and 2000 cubic centimeters, manual and automatic gears. Ceratos will most likely have entered the market by the end of the year (by March 20, 2015).
In Madani’s words, SAIPA was negotiating cooperation with other foreign car manufacturers.
