Chang'an Motor lines up plan for Iran

Chang'an Motor Corp, partner of Ford Motor Co in China, has said it will start to build its own-brand cars in Iran in the first half of next year as its latest major push into the overseas market.

The fourth biggest Chinese auto group said its 1.3-liter Benben micro model will be assembled at a plant owned by Iranian partner PIDF with kits from China.

The plant will have an annual capacity of 50,000 cars initially that will be expanded to 250,000 units four years later, Chang'an said.