Monday, 13 January, 2020

French carmaker Peugeot returns to Iran with 400 mn euro deal: statement

French carmaker Peugeot will return to Iran in a partnership deal with a local manufacturer worth 400 million euros ($436 million), according to an agreement signed Thursday during President Hassan Rouhani’s visit to France.

The deal will see Peugeot work with Iranian manufacturer Khodro, with the first vehicles expected to roll off the production line in 2017.


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1 Comment

  1. Chris

    January 28, 2022 at 2:07 pm

    Good news,if the car is affordable, Iranian citizens may replace their old cars with the low emissions from a modern and efficient engine. This will help reduce the air pollution.

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