Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Berri: It is our fate every Eid al-Adha to offer sacrifices in defense of Lebanon and its sovereignty, and the aggression will not prevent us from celebrating our holidays
Berri: Our positions must be unifying for all Lebanese in confronting the Israeli aggressiveness, which does not target a specific sect or region, but rather all of Lebanon and the Lebanese, and even Arabs and Muslims in their holiest sanctities
Speaker of the Parliament of Lebanon Nabih Berri: Our position regarding the continuous Israeli violation of Lebanon is identical to and adopts the position of the President of the Republic in all national and sovereign dimensions
Israeli raids strike eight residential buildings in Beirut’s southern suburbs; shelling reported in Ain Qana, southern Lebanon
Al Mayadeen's correspondent: Another Israeli airstrike targets Beirut’s southern suburb
Saree: The operation comes in solidarity with the oppressed Palestinian people and in response to the aggression against Beirut’s southern suburb
Yemeni Armed Forces spokesperson: The operation successfully achieved its objective, forcing millions of Israeli settlers to flee into shelters
Yemeni Armed Forces spokesperson Yahya Saree: We targeted Lod Airport (Ben Gurion Airport) in the occupied Yafa area with a hypersonic ballistic missile, the “Palestine 2” type
Salam: We call on the international community to hold "Israel" accountable, halt its attacks, and ensure full withdrawal from Lebanese territory
Salam: These attacks constitute a blatant violation of Lebanese sovereignty and UN Security Council Resolution 1701

Iran, Russia and Turkey mull joint car production - Report

  • By Al Mayadeen English
  • Source: Agencies
  • 4 Jul 2022 14:36
  • 1 Shares
3 Min Read

Iranian media reveals that automobile industry leaders from Iran, Russia, and Turkey aim to collaborate on car design and production.

  • x
  • Iran, Russia and Turkey mull joint car production: report
    Iran, Russia, and Turkey mull joint car production: report

Automobile industry leaders from Iran, Russia, and Turkey are discussing collaborative car design and production after sanctions on Moscow and Tehran slowed output, according to IRNA.

"There is a great possibility of tripartite cooperation between car manufacturers and suppliers of the three countries," said Mohammadreza Najafi-Manesh, the head of Iran's Auto Parts Manufacturers Association, the official news agency said.

"These three countries can capture a large market for their products," Najafi-Manesh said, arguing that they could target a population of "at least 800 million if neighboring regions are included".

Russia, which was sanctioned by Western nations after launching a military operation in Ukraine, was said to have contacted Iran in May for vital components that it could no longer obtain.

Read next: Iran, Russia sign business deal

As sanctions bite, the proposed cooperation on automobile constriction between the three nations could progress rapidly, Najafi-Manesh said. "This idea can be realized very soon," he said.

Related News

Crackdown deepens as Turkey targets opposition leader Ozgur Ozel

Turkey reaffirms military support to Damascus, rules out withdrawal

"Manufacturing all the parts of this car... avoiding currency transfers to provide spare parts, and the existence of export markets are among the advantages of such a project." He added that the idea was first floated by Turkey and that Russia was "interested".

Iran has also been subjected to harsh economic sanctions, which the US reimposed in 2018 after unilaterally withdrawing from an agreement with international powers over Iran's nuclear program.

Over the last two decades, as Russia's economy has grown, Western automakers have expanded into the nation to produce vehicles.

Read next: EU bans transit of Russian, Belarusian vehicles - Russian Customs

However, since the Western sanctions campaign on Russia, major car manufacturers, including Audi, Honda, Jaguar, and Porsche, have suspended sales of their vehicles or parts to Russia. BMW, Ford, Hyundai, Mercedes, Volkswagen, and Volvo have all ceased Russian production.

Iran and Turkey have a land border, whereas Russia shares a sea border with both Iran and Turkey, spanning the Black Sea and the Caspian Sea.

According to the International Organization of Vehicle Manufacturers, Turkey already exports more than $12 billion in automobile spare parts per year, and Iran will be the world's 19th largest manufacturer in 2021. Based on OICA data, Iranian automakers produced 894,298 vehicles in 2021, IRNA reported.

  • Iran
  • Russia
  • Turkey
  • sanctions

Most Read

Lebanon's PM Nawaf Salam meets with US envoy Morgan Ortagus in Beirut on April 5, 2025 (Dalati Nohra via AP)AP)

Morgan Ortagus to exit US role in Lebanon amid policy shift

  • Politics
  • 1 Jun 2025
A Palestinian woman mourns as she embraces the body of her daughter Mayar Abu Odeh, 8, who was killed in an Israeli army strike on Gaza. at Al-Shifa Hospital in Gaza City, Wednesday, June 4, 2025. (AP)

French port workers block arms shipment to 'Israel' amid Gaza genocide

  • Politics
  • 4 Jun 2025
It may well be due to the longstanding relationship between MI6 and HTS, via Inter Mediate, that Britain was the first Western country to recognise their assumption of government in Syria. (Al Mayadeen English; Illustrated by Zeinab El-Hajj)

How MI6 helped HTS seize Syria

  • Opinion
  • 31 May 2025
Palestinians struggle to get donated food at a community kitchen in Khan Younis, southern Gaza Strip, Monday, June 2, 2025. (AP)

Boston Consulting Group withdraws from GHF

  • Palestine
  • 3 Jun 2025

Coverage

All
War on Gaza

Read Next

All
Poll
Palestine

Sharp decline in international perception of 'Israel', Netanyahu: Poll

Ukrainian soldiers with the anti-drone KVS G-6, manufactured by Kvertus Technology.Territorial Defense Forces of the Armed Forces of Ukraine/Facebook
US & Canada

Shift in US priorities: Drone fuzes reallocated from Kiev to CENTCOM

US Jews accuse Trump of antisemitism despite his pro-'Israel' stance
US & Canada

US Jews accuse Trump of antisemitism despite his pro-'Israel' stance

Former US President Joe Biden speaks from the Oval Office of the White House in Washington, Sept. 30, 2024 (AP/Mark Schiefelbein)
US & Canada

Trump orders investigation into Biden’s autopen use, cognitive fitness

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS