Iran to establish nation's biggest car plant by 2015

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Estimated annual production capacity of 5 million cars

The Iranian government plans to establish the country's biggest car-manufacturing factory by 2015, reports Xinhua News. The plant will have an estimated annual production capacity of 5 million cars and will produce the first national car of Iran, to be launched by March 2015, at an approximate price of USD10,000-12,000.

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