History
Formerly, Pars Khodro built American Motors' Rambler and General Motors (GM) products under licence. Its first cars, the Aria and the Shahin, were based on AMC's compact 1966 Rambler American and were launched in 1967. Production ended in 1974. It also built Jeep vehicles under licence. The company was called Sherkat-Sahami Jeep at the time.
In June 1972, Sherkat-Sahami inked a deal with GM and formed General Motors Iran Ltd. GM Iran produced Opels under licence, using the Chevrolet brand. These models featured 2.5 and 2.8 litre engines. In addition, a Buick, Cadillac and Chevrolet (Nova) were built, along with a Chevrolet pick-up truck. The Jeep continued during this time. These were built until 1981, the Iranian Revolution forcing the cessation of their manufacture and links with GM.
Afterward, Pars Khodro switched to the manufacture of the Nissan Patrol under licence.
In 1997, it acquired an additional Renault 5 assembly line from SAIPA, a fellow Iranian manufacturer, which had been making the car since 1980 as a replacement for the Iranian-built Citroën Dyane. The Sepand I and II were versions of the original Renault 5.
In 2000, 51 per cent of Pars Khodro's shares were purchased by SAIPA, which in turn is 48 per cent owned by the Iranian Government.
Read more about this topic: Pars Khodro
Famous quotes containing the word history:
“History is not what you thought. It is what you can remember. All other history defeats itself.
In Beverly Hills ... they don’t throw their garbage away. They make it into television shows.
Idealism is the despot of thought, just as politics is the despot of will.”
—Mikhail Bakunin (1814–1876)
“They are a sort of post-house,where the Fates
Change horses, making history change its tune,
Then spur away o’er empires and o’er states,
Leaving at last not much besides chronology,
Excepting the post-obits of theology.”
—George Gordon Noel Byron (1788–1824)
“Anything in history or nature that can be described as changing steadily can be seen as heading toward catastrophe.”
—Susan Sontag (b. 1933)