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Soon after eliminating tariffs on the import of and electric vehicles and many hybrids, Iran has reportedly imported its first electric car to the country. According to Homayoun Haeri, managing director of Iran Power Generation Transmission & Distribution Management Company, the unspecified model came from Paris to Tehran via 17 countries.


With the price of a barrel of oil beyond $100 per drum, global oil powerhouse Royal Dutch Shell is raking in some serious coin. But while Shell is bringing in the big bucks, it still cannot pay one very important client.


With pressure mounting on Iran to halt its nuclear program, Daimler is reportedly joining the growing list of businesses – German ones especially – that are reducing their commercial activities with the rogue nation.


Iran's most important car manufacturer, Iran Khodro, has announced they are developing the world's most powerful natural gas engine. The engine is installed in the marque's latest model, the Samand Soren (a car which can trace its roots to the Peugeot 405). Although this claim should be checked against the VW Passat TSI EcoFuel, Iran Khodro claims that the Samand Soren ELX produces 150hp and that the engine is Euro IV compliant. No other specifications were announced. Natural gas is a solution t

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