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Keyword: irankhodro
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Iran State Automakers Eye Britain's MG Rover
TEHRAN (Reuters) - Two of Iran's state-owned auto manufacturers are considering buying MG Rover, the last major British-owned car manufacturer which collapsed this month, the semi-official ISNA student news agency said on Friday. The 100-year-old carmaker, which once made the iconic Mini and the Land Rover, stopped production after failing to secure a rescue deal with China's Shanghai Automotive Industry Corp. "Iran Khodro and SAIPA are considering taking over Britain's Rover," ISNA quoted an unidentified official of Iran's Ministry of Industries and Mines as saying. Iran Khodro, the Middle East's largest carmaker, has ambitious plans to produce 1 million...
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