TEHRAN (PIN) -- Some 220 local and foreign auto manufacturing companies will showcase their latest products in the 5th International Motor Show Expo in Mashhad, Khorasan Razavi.

The expo will be held from August 19 to 24 in Mashhad’s International Exhibition Center.
Representatives from countries including Germany, Italy, the U.S., China, France, and Japan will put on display their latest developments in the auto industry.
Iran’s lucrative car market has wooed automakers from around the globe especially from the EU states and China.
Chinese car manufacturer, Cherry, has announced that it is to build a factory in Babol, Mazandaran, with a capacity to produce 200,000 cars a year. The 370 million dollar plant will also bring together Iran’s biggest automaker Iran Khodro Company and the Canadian investment firm Solitac