Financial Tribune - In a statement published on SAIPA-Citroens website, the joint venture between the French automotive firm and its Iranian partner once again reassured customers that the presold C3 cars will be delivered. In an initial offering on May 16, SAIPA-Citroen pre-sold 2,000 units of its small city hatchback C3s in Iran. The vehicles ...

FNA- Managing Director of the Iranian Automaker Group Saipa Mohsen Jahroudi in talks with the CEO and Chairman of the Managing Board of Group PSA, France's largest car manufacturer, Carlos Tavares agreed to expand cooperation between the two sides. Invited to France by the managers of PSA Peugeot Citron, Jahroudi discussed the areas of development ...

IRNA -- Iran's RISECO and MECAPLAST of France signed a joint venture in a situation that 30-percent exports condition will be implemented for a spare part contract. Speaking in the ceremony to sign the contract on Friday, Chairman of RISECO Board of Directors Hamidreza Samadi said that MECAPLAST is one the biggest spare parts suppliers of France. Samadi ...

Tehran, July 21, IRNA - Iranian automaker SAIPA on Thursday signed a joint venture deal with French carmaker PSA Peugeot Citron to build and sell vehicles for its Citroen brand in the country. Chief Executive Officer of SAIPA Mehdi Jamali and Seyyed Mohmmad Ali Seyyed Abrishami an official from the Iranian automotive group inked the deal in the ...

As the day when sanctions over Irans nuclear program are removed appears ever closer, the domestic auto industry is struggling to boost demand. This is while Iranian car buyers are holding out in the hope that prices start to reduce and new vehicles are offered. In light of this gridlock in the local car market, a leading British business information ...

Iran's media say French giant automaker Peugeot will form a joint venture with the country's leadingcar manufacturer Iran Khodro. The Persian-language Iran newspaper said on Tuesday that final talks over the JV have been held in Paris and the two sides are expected to sign a deal to the same effect within the next few weeks. Each side will have ...

Tehran, May 3, IRNA Once sanctions are lifted, the French automaker, Peugeot, is poised to sign another joint venture agreement with Iran Khodro Co, its previous partner and Irans biggest carmaker, according to Peugeot spokeswoman Antonia Krpina quoted by Qatar-based English language daily Gulf Times. Gulf Times wrote that Iran Khodro declined ...

Expecting an end to sanctions, Iranian manufacturers are preparing to open for business with the West, according toa reportFriday inThe New York Times. The article highlights Irans national car manufacturer, Iran Khodro, in which an impressive number of Western companies are reportedly showing interest. Even though sanctions have cut the carmakers ...

Daily look at Irans late-breaking news and upcoming events:   Zarif: Iran nuclear talks very close to successful end Iranian foreign minister said the talks between Iran and the six world powers over Tehrans nuclear energy program are very close to their successful end.   Peugeot holding intense talks to return to Iran French automaker ...

French automaker PSA Peugeot-Citroen is holding negotiations to resume its activities in Iran, two years after they were halted due to the Wests illegal sanctions against Tehran. A top representative of the giant carmaker said in Tehran on Monday that the company is holding "intense" talks about the issue. In late July, Irans leading auto manufacturer,...

TEHRAN, Nov 30 Foreign automakers seeking a return to the potentially huge Iranian market with the lifting of international sanctions will find the business environment has changed: former joint venture partners now want to play the game by their own rules. Irans auto industry has been a major casualty of penalties imposed over the Islamic republics ...

Daily look at Iran's late-breaking news and upcoming events:   Iranian, Chinese DMs stress expansion of defensive cooperation Iranian Defense Minister Brigadier General Hossein Dehqan and his Chinese counterpart General Chang Wanquan in a meeting in Beijing underlined development of cooperation between the two countries in military and defensive ...

Tehran (AFP) - The boss of French carmaker Peugeot Citroen has held talks with his Iranian joint venture partner to consider returning to the country, the official IRNA news agency reported Monday. According to IRNA, the 10-hour meeting between Peugeot Citroen chief executive Maxime Picat and Hashem Yeke Zare, the boss of car manufacturer Iran Khodro,...

Iran Khodro Co., the countrys largest carmaker, can manufacture all automobile parts thatPSA Peugeot Citroen (UG)used to supply,Tehran Timesreported, citing Chief Executive Officer Javad Najmeddin. Iran Khodrocan construct parts for itsPeugeot 206andRunnapassenger cars without backing from the French company, Najmeddin said. PSA Peugeot Citroen ...