NIZHNY NOVGOROD, March 17 (RIA Novosti) - GAZ [RTS: GAZA], a leading Russian automaker, said on Monday it plans to supply over 1,700 vehicles to Iran this year.
"In the second quarter, we'll start the shipment of 1,500 vehicles. Overall, we plan to supply 1,750 vehicles," said Oleg Markov, the director of GAZ Group Russian Vehicles Trading House.
GAZ, which exports cars to 35 countries, delivered 1,249 vehicles to Iran in 2007 under a distributor agreement with Iran Khodoro Diesel signed in the fall of 2006.
After delivery of the last batch of vehicles, the parties will launch an assembly facility in Iran. In 2008, GAZ plans to deliver a pilot batch of auto sets for the assembly of GAZel minivans in the Islamic Republic.
