"Iran’s leading car manufacturer Iran Khodro and the German automotive parts manufacturer MAHLE GmbH signed a deal for jointly design and manufacturing of three-cylinder car engine. Under the deal, worth 5000 billion rials (one USD makes 30,958 rials) three-cylinder engines with power output of 120-160 HP (Horsepower) and fuel consumption of 4.7 litres per 100 kilometers will be manufactured jointly, the official website of Iran Khodro Almost 350,000 engines which correspond to the Euro 6 standards will be produced per year in Iran.Under the deal, the manufacturing technology and know-how will be transferred to Iran step by step.The design and manufacturing process is scheduled to be completed within 30 months." (Trend News Agency, "Iran, Germany sign deal to manufacture 3-cylinder car engine," 8/5/2016).