Peugeot will produce cars in Iran


Moscow. January 28. French PSA Peugeot Citroen to produce cars in Iran.

During the official visit of Iranian President Hassan Rouhani in France an agreement was signed between Iran Khodro and Peugeot in the amount of 500 million Euro on joint investment in Iran, the Agency reports iran.ru.

The company on a parity basis will create a joint venture, which will produce three models of Peugeot. In addition, plans to create two new models that will be mainly intended for Iran.

The company on a parity basis will create a joint venture, which will produce three models of Peugeot. In addition, plans to create two new models, which will mainly be intended for Iran.

In 2014, in Iran sold 900 thousand passenger cars and light trucks produced – 1.1 million Automotive industry provides almost 10% of GDP.

During the visit of Iranian President Hassan Rouhani to Paris was signed several contracts worth approximately EUR 15 billion, reported on Thursday the French media.

Among signed the ratification of agreements – a contract to sell Iran 118 Airbus.