Thursday, 28 January 2016

Peugeot deal paves the way for French carmaker’s return to Iran - FT.com

Peugeot deal paves the way for French carmaker’s return to Iran - FT.com:

"PSA Peugeot Citroën on Thursday became the first western company to sign a binding contract with an Iranian group following the lifting of sanctions this year.
The French carmaker signed a joint venture with Iran Khodro to produce a range of cars, saying it expected to invest €400m over the next five years to develop facilities in the country."



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