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Fiat in Pars Joint Venture
After a long delay since an agreement was signed with Pars Industrial Development Foundation (PIDF) three years ago, it was announced that initial production of Siena (sedan) will commence in Iran this autumn. It is to be the first of four Fiat models based on the 178 platform set to go into production. Initially the Siena will be assembled locally from CKD kits shipped to Iran from the Tofas factory. The original agreement with PIDF was signed by then Fiat Auto boss Herbert Demel in 2005, and called for a raft of Fiat passenger cars and light commercial vehicle models to be built in Iran, with the country scheduled to become Fiat's global hub... // Zawya |