Tag: Iran Car Production

France’s PSA, Iran’s SAIPA Seal Joint Venture Deal

Iran’s major automaker SAIPA and France’s PSA Group have announced a deal to launch a joint-venture to produce and sell Citroen cars in Iran.

Peugeot in Iran to Make Up for Past: CEO

The CEO of PSA Peugeot Citroen said the French automaker has returned to Iran’s market with the purpose of making up for lost time, when the company’s forced exit from Iran under the sanctions caused discontent among Iranians.

Iran and France Start New Era of Partnership in Car Industry

French media outlets reported that Iran and the French car manufacturer Renault have penned an agreement for restoring their cooperation in automotive industry.

Iran Khodro, Peugeot-Citroen open joint firm

The largest automaker in the Middle East, Iran Khodro, and its old partner, France's Peugeot-Citroen (PSA), have announced the launch of a joint auto company in the Iranian capital Tehran.

Iran’s Car Market to Be Dominated by the French Once Again

Iran’s Saipa and France’s Citroen are finalizing a deal that will let the French monopolize the Iranian car market on the contrary to what Rouhani’s government had promised.

Iran Khodro sees imminent Mercedes deal

Iran Khodro expects to sign a commercial deal with Mercedes-Benz within the next six months, the CEO of the Middle East’s biggest carmaker says.

Rouhani vows to privatize Iran’s car industry

Iran’s President Hassan Rouhani said on Tuesday that the privatization of the country’s car industry is a key mission in the economic agenda of his government – an announcement already seen by analysts as a sign that Iran is already preparing to open up its economy to world markets.

Iran Inks 3 MoUs with Foreign Carmakers

Iran signed three memorandums of understanding (MoUs) with three automakers from Sweden, Turkey and India for cooperation and as parts of efforts to boost the country's car-manufacturing industry.

Franco-Japanese auto giant keen on Iran expansion

The head of Renault-Nissan alliance has expressed the major car manufacturer’s readiness to expand its market in Iran upon the removal of sanctions against the country.

US automakers can invest in Iran: Deputy industry minister

The deputy trade minister has said that the US import ban only applies to consumer products and should not be generalized to other areas.

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