Say Hello to the Sinbad SUV...from Iran

22 May 2000

Iran targets younger drivers with a new-look sport utility vehicle

    Tehran - Hoping to earn some much needed export revenue, and capitalize on 
the growing domestic market for SUVs, Kish Khodro Company has launched its 
first ever vehicle, the Sinbad.  Production of the two-door Sinbad is slated to 
begin at 5,000 units per year, moving up to 15,000 annually.  Four door and 
sports model units are also projected for the future.  Approximate price 
for the two door model is about $10,000.  It will have a body made of 
fiberglass and a 90 hp engine.

    A joint venture between private Iranian investors, a government bank, and 
two outside companies had been set-up to plan and finance the enterprise.  
Headquarters for the joint venture is on the Gulf island of Kish, which is one 
of three 'freeports' established by the Iranians to encourage foreign 
investments.

    A British engineering group, BMS Management, designed the vehicle.  They 
are said to hold less than 10% of the ownership of the JV.  Renault is expected 
to supply parts for the Sinbad.


MJR

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