Renault Asia Chief Gilles Normand attends an interview with Reuters in Boulogne-Billancourt, January 28, 2014. REUTERS/Philippe Wojazer
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Renault has resumed shipments to Iran and expects its car production in the country to pick up progressively throughout the first half of 2014, the French automaker said.Production by Iran's domestic car industry, unusually developed for the Middle East, peaked at 1.6 million cars in 2011, the year crippling new sanctions were introduced.Renault and French rival PSA Peugeot Citroen are keen to resume Iranian vehicle assembly and sales with local partners Iran Khodro and Pars Khodro, to rebuild the significant market position they enjoyed before sanctions were tightened.
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