Chery Auto is to invest $370 million for their new plant in Babol, Iran. China's largest automaker Chery, is teaming up with Khodro, Iran's biggest automaker, as well as Solitac, a Canadian investment firm.
More at:
http://www.product-reviews.net/2007/08/14/chinese-automakers-chery-auto-to-set-up-in-iran/
So here we go again, more business with the Seyyeds.
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