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Iran to manufacture China's MVM 540 automobile

TEHRAN, Oct.7 (ISNA)-Iranian car producer, Modiran Khodro Co. is to manufacture the Chinese MVM 540 model by the end of November 2006.

This company which is currently manufacturing a Chinese vehicle similar to the Daewoo Matiz is to start manufacturing a new Chinese automobile, the MVM540 in late November, this year. The automobile will be ready for sale by February.

The referred car has a 2 liter engine under its hood which gives out 130 hp and employs a 5 geared gearbox, air bag, ABS brakes, back gear sensors and modern sound systems.

Although the price presented for this Chinese automobile is rather high but the manufacturer is positive about its market because it is highly equipped in comparison with other automobiles that are in the same car class.

The Modiran Khodro Co. began manufacturing Chinese Matiz cars (MVM) only a year ago. Modiran Khodro is a subordinate company of Kerman Khodro Company.

... Payvand News - 10/8/06 ... --

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