PSA Group joins Iran Khodro in EUR 400 million JV  [ Iran ]

On June 21, the PSA Group and Iran Khodro (IKCO) signed the final joint venture agreement to produce the latest generation Peugeot vehicles on a platform which will be used to develop IKCO vehicles. The 50-50 joint venture is expected to invest up to EUR 400 million over the next five years in manufacturing and R&D capacity. This investment will contribute to the development of a competitiv...
<Jun 22, 2016>
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