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:
“Don’t give your opinions about Art and the Purpose of Life. They are of little interest and, anyway, you can’t express them. Don’t analyse yourself. Give the relevant facts and let your readers make their own judgments. Stick to your story. It is not the most important subject in history but it is one about which you are uniquely qualified to speak.”
—Evelyn Waugh (1903–1966)
“It would be naive to think that peace and justice can be achieved easily. No set of rules or study of history will automatically resolve the problems.... However, with faith and perseverance,... complex problems in the past have been resolved in our search for justice and peace. They can be resolved in the future, provided, of course, that we can think of five new ways to measure the height of a tall building by using a barometer.”
—Jimmy Carter (James Earl Carter, Jr.)
“It is the true office of history to represent the events themselves, together with the counsels, and to leave the observations and conclusions thereupon to the liberty and faculty of every man’s judgement.”
—Francis Bacon (1561–1626)