VOICED : Foreign automakers find Iranian market has gone local

The video discusses the potential return of foreign automakers to Iran's market following the lifting of sanctions. It highlights the impact of past sanctions on Iran's auto industry and the current production landscape. The video also covers plans for joint ventures, government policies, and competition within the sector.

What was a major consequence of the sanctions on Iran's auto industry?

• Introduction of new car models

• Expansion of local manufacturing

• A significant drop in car production

• Increased foreign investment

What is the main goal of foreign automakers in Iran as mentioned in the video?

• To establish a monopoly

• To increase car prices

• To create joint ventures and introduce new technologies

• To reduce local competition

Which companies left Iran due to the sanctions?

• PSA Peugeot Citroen and Hyundai

• Toyota and Ford

• Volkswagen and BMW

• Nissan and Honda

What is the market share of Iran Hydro in the Iranian auto industry?

• 30%

• 90%

• 54%

• 70%

What is the Iranian government's recent policy regarding local auto production?

• To reduce local manufacturing

• To ban all foreign partnerships

• To ensure 40% of production is done locally

• To allow 100% foreign ownership