PSA invites Iran Khodro to produce Peugeots in Algeria
PSA invites Iran Khodro to produce Peugeots in Algeria Iran Khodro logo French carmaker PSA Group has invited Iran Khodro (IKCO) to set up a production line for Peugeot cars in Algeria, the Islamic Republic News Agency (IRNA) reports. PSA executive vice-president for purchasing, Yannick Bézard, on Tuesday visited Tehran-based…
IKCO chief calls for investment in car-making industry
Managing director of Iran Khodro Industrial Group Hashem Yekkeh Zare said that given the increase of car production to three million by 2025 and the need for export of one third of the figure, fresh investments should certainly take place in the sector. Talking to reporters on the sidelines of…
Iran Khodro, Peugeot of France sign a deal
Iran Khodro car maker from Iran and Peugeot of France signed a deal on Thursday to broaden mutual cooperation on automobile industry in Iran. During the current visit of the Iranian President Hassan Rouhani and his entourage to France, the two sides held various round of talks on signing a…
Peugeot likely to finalize Iran deal Wednesday
Iran Khodro and Peugeot will likely finalize an initial deal for €500 million in joint investment in Iran during President Hassan Rouhani’s visit to France on Wednesday, a report said. Under the 50-50 joint venture, the two carmakers will produce Peugeot 2008 crossover, 208 super and 301 compact, Tasnim News…
