Thursday 23 June 2016

Peugeot-Citroen back on the road in Iran with deal to build cars | World news | The Guardian

Peugeot-Citroen back on the road in Iran with deal to build cars | World news | The Guardian:

"The French carmaker Peugeot-Citroen (PSA) has announced its return to Iran under a €400m joint venture with its old partner Iran Khodro in Tehran that has been made possible by the lifting of nuclear sanctions.

At the same time, Boeing has confirmed reports it will start selling airliners to Iran following the nuclear accord reached in 2015.

The first cars produced under the PSA venture are set to be sold in February, with the aim of producing 200,000 vehicles a year by 2018."



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