Tasnim CEO of Irans major car manufacturer Iran Khodro (IKCO) said his company is employing the technology that PSA Peugeot Citroen has brought to Iran although the French automaker has left the country in light of the US sanctions.
Asked by reporters about the damage to Irans national interests after Peugeots violation of an agreement with Iran ...
IFP- The contract between Iran and Frances Peugeot is a joint venture; that is to say, we have a firm to jointly manufacture cars, which is owned 50% by Peugeot and 50% by Iran Khodro Company, said Mohsen Salehinia, Iranian Deputy Minister of Industry, Mine and Trade, according to a Farsi report by Nasim Online.
We imported some models of Peugeot ...
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TEHRAN, Feb. 03 (MNA) A member of Irans Car Manufacturing Policymaking Council has announced that Frances Peugeot will compensate for its previous contract with Iran.
Mohammad Reza Najafi-Manesh said Iran has set several conditions for foreign automakers which need to be strictly followed for cooperation of any kind; accordingly, for manufacturing ...
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French car maker returns to Iran after four-year absence as sanctions lifted
PARISPSA PeugeotCitronon Thursday signed a deal with Iranian manufacturer Iran Khodro to start a joint venture that will produce cars in the Middle Eastern nation, marking a return to the country for the French car maker after a four-year absence.
The deal, long anticipated ...
Iran was putting the finishing touches on Thursday to a deal to buy over 100 Airbus passenger jets, French officials said during a visit to Paris by Iranian President Hassan Rouhani aimed at reviving business ties despite diplomatic differences.
Rouhani told French business leaders after arriving in France on Wednesday that Iran was open for investment ...
TEHRAN (Tasnim) The CEO of Irans leading automaker, Iran Khodro Company (IKCO), announced that Frances PSA Peugeot Citron, the second largest car manufacturer in Europe, has accepted his companys stipulations for resuming cooperation.
Peugeot has officially agreed to IKCOs conditions for resuming mutual cooperation, Hashem Yeke Zare announced on ...
Iranian officials say the French auto giant Peugeot is already in advanced stages of talks to provide parts to the leading Iranian carmaker Iran Khodro.
Iran Khodro Managing Director Hashem Yekke-Zareh has told the domestic media that experts from Peugeot are in Iran and are talking business with SAPCO a subsidiary of Iran Khodro that specializes ...
The end to Irans international isolation is attracting more than just energy firms.
Carmakers, aircraft and tobacco producers also make the list of companies that analysts from Natixis Securities to Jefferies say may invest in the nation if the April 2 agreement with world powers results in an end to penalties over its nuclear programme.
While Total,...
Iran has reportedly shipped in the first herd of goats from France to boost its dairy products which are increasingly becoming scarce and expensive.
The herd, including 750 goats of Alpine and Saanen breeds, were imported in the first batch, with the number set to rise to 10,000 heads by March, the IRNA news agency quoted an Agriculture Ministry ...
TEHRAN, Dec. 06 (MNA) Iran Khodro Industrial Group (IKCO) and Peugeot have signed a new joint venture contract.
CEO of IKCO Hashem Yekkeh-Zare detailed the progress of negotiations with the international automotive companies and added, these negotiations will proceed within the defined frameworks, and among these companies, Peugeot has been the first ...
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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 ...
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ILNA: Iranian carmaker Iran Khodro has set conditions for French giant Peugeot to return to the Iranian market.
Iran Khodro Managing Director Hashem Yekkeh Zare said Peugeot should end its assembling works and focus on manufacturing products jointly with the Iranian company.
We want them to transfer technology to us and establish research and ...
TEHRAN (ISNA)- French Peugeot plans to resume activities in Iran massively after it quit cooperation with Iran two years ago.
Peugeot sold parts of its share to the US General Motors two years ago and ended his activities in Iran due to its American partner's pressures.
Although the company stopped sending car parts to Iran during the two years,...
TEHRAN (ISNA)- President of Iran's IKCOHashem Yekeh Zareh warned French automaker companies that the country would consider other partners for joint car industry projects except Peugeot and Renault.
"Existence of none of foreign partners will not cause that we do not consider other partners. What is a priority for us is that we need a reliable partner,...
DUBAI, Dec 20 (Reuters) - Snow falls heavily on the busy street. A fresh white blanket blurs the sleek lines of a Dodge Challenger - an iconic vehicle that defines the United States' love affair with muscle cars.
This is not New York, Montreal or Tokyo but Tabriz, a city in north-westIranshowcasing the latest Americanautosto a country where they are ...