The U.S. auto industry is officially in the tank with industry bankruptcies that could cost the American taxpayer $65 billion over the next two years, or bailouts that would cost each American taxpayer, at a minimum, $12.50. Imports are not doing any better. Their vehicles, unsold, are piling up at U.S. ports.
Yet, there is one auto company that is doing extremely well, although you have probably not heard of them in the U.S. They run an assembly line that makes the Peugeot Roa and Pars, the Samand passenger car and the Bardo pick-up. They are the biggest automobile producer in the Middle East. The Senegalese president has asked the company to import to, and make its vehicles in, Senegal. Last year they opened an assembly line in Egypt. That's right, it is Iran Khodro based in Tehran, Iran.
It's so nice to know that Iran's manufacturing infrastructure is so strong while ours slowly disappears.
