FRANKFURT -- Germany's Bosch Group is opening an office in Tehran and plans to hire 50 staff by the end of this year as the group's automotive division sees growing potential in Iran's car market following the lifting of international sanctions.
FRANKFURT -- Germany's Bosch Group is opening an office in Tehran and plans to hire 50 staff by the end of this year as the group's automotive division sees growing potential in Iran's car market following the lifting of international sanctions.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.