Brilliance Auto Group

November 2017 report - The major players of the Iranian automotive market are Renault-Nissan Alliance, Brilliance Automobile Group, Chery Automobile, Hyundai Kia Automotive Group, Iran Khodro (IKCO), Lifan Industry (Group), PSA, SAIPA Group, Toyota Group, VW Group, and Great Wall Motor Company Ltd. (GWM). (https://www.mordorintelligence.com/industry-reports/iran-vehicles-market)

As of August 27, 2019, Brilliance China Automotive is listed on the Illinois Investment Policy Board list of Iran restricted companies. (https://www2.illinois.gov/sites/iipb/Pages/ProhibitedInvestmentList.aspx)

"Managing Director of SAIPA auto manufacturing company said with regard to the existence of proper infrastructures in the country the government has put support for foreign investment on its agenda. Saeed Madani, speaking at the second International Conference on Auto Industry, further remarked that SAIPA auto manufacturing group is capable of manufacturing 945 thousand vehicles in the country plus 46 thousand in foreign sites such as Syria, Iraq, Venezuela and Sudan... He said negotiations have been held with Volvo and expressed hope that manufacture of this brand will commence jointly, adding that at present SAIPA has joint cooperation with Renault, Nissan, Kia, Brilliance..." (IRNA, "Support for Foreign Investment in Auto Manufacturing Industry," 12/1/14) (http://www.irna.ir/en/News/81409301/)