A draft agreement, reached between Iran and the P5+1 countries - China, France, Russia, the United Kingdom, and the United States, plus Germany - which would see the former reduce its nuclear activities in return for the gradual ending of economic sanctions, would have a positive impact on the future of the Iranian automotive industry.
A combination of rebounding sales and an unprecedented number of new models in the works has stretched the auto parts supply chain so taut that the entire industry is holding its collective breath that it does not snap and jeopardize the recovery.