Tag Archives | Citroen

How Iran’s Auto Industry became a Political Football

By Alireza Ramezani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iranian hard-liners have launched a new attack on the administration of President Hassan Rouhani, this time focusing on the country’s automotive industry. At an Oct. 25 parliamentary hearing, the Industries and Mines Committee grilled […]

Peugeot to Sell over 450,000 Vehicles in Iran in 2016-2017

The CEO of PSA Peugeot Citroen said the French carmaker plans to sell over 150,000 Peugeot vehicles in Iran in the second half of this year, a report said. Carlos Tavares (pictured) told reporters at the Paris autoshow on Thursday that Peugeot will sell over 150,000 vehicles in 2016 as well as over 300,000 in […]

Iranian carmakers’ good fortune unlikely to trickle down

By Alireza Ramezani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. A majority of car consumers in Iran complain about the low quality and high prices of vehicles produced by local manufacturers, according to a poll conducted by news website Khabar Online. Citing another poll, […]

Peugeot-Citroen, Iran Khodro in $450m Iran Deal

France’s PSA Group — maker of Peugeot and Citroen — and Iran Khodro (IKCO) signed the final joint venture agreement on Tuesday to produce latest-generation vehicles in Iran. Commenting on the agreement, Jean-Christophe Quémard, Executive Vice-President, Middle East & Africa, said: “Today marks a crucial milestone in our project with Iran Khodro. The two partners […]

Renault-Nissan ‘Ready’ for Iran

By John Lee. The head of the Renault-Nissan alliance has said the company is ready to expand its manufacturing footprint in Iran once sanctions are lifted. Carlos Ghosn (pictured) told reporters that the company will be “extremely careful” in how it proceeds, but added, “Iran is a very promising market … Today it’s more than […]

Fiat in Talks for Auto Production in Iran

Iran’s Minister of Industry, Mine and Trade, Mohammad Reza Nematzadeh, has said that Italy’s Fiat is in talks with Iran Khodro to produce commercial vehicles, buses and gas-fueled engines in Iran. Around 370 Italian traders, including representatives of steel group Danieli, energy company Enel, agricultural machinery maker CNH Industrial, Telecom Italia and several banks, recently […]