| Company type | Subsidiary |
|---|---|
| Industry | Automotive |
| Founded | 2002 |
| Headquarters | Tehran,Iran |
| Products | Automobiles Engines |
| Website | www.mvmco.ir |
Modiran Vehicle Manufacturing Company (MVM) is an Iranian automobile firm.[1][2]
MVM is a subsidiary ofKerman Motor, an Iranian assembler ofVolkswagens, that also used to assemble a version of theDaewoo Matiz for the local market. The Matiz had been assembled by Kerman Khodro since the year 2000 in a joint venture with the South KoreanDaewoo Company.
However the crisis at Daewoo Motor inSouth Korea resulted in a take-over by the AmericanGeneral Motors corporation which then stopped supplyingCKD kits to the Iranian company due to U.S. sanctions against the government of Iran for claims about the Iranian state sponsoringterrorism and Iranian violations ofUnited Nations protocols for nuclear inspections. It is offered with two engine options, a 3-cylinder 0.8 liter and a 4-cylinder 1.1 liter.[3] Due to this, Kerman Khodro licensed theChery QQ3 as the car was of a similar style to the GM car. However, as Kerman Khodro had replaced the GM Daewoo lines with that of Volkswagen, they put it into production at their subsidiary MVM as the 110. It is offered with two engine options, a 3-cylinder 0.8 liter and a 4-cylinder 1.1 liter.[4]
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