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PSA Group joins Iran Khodro in EUR 400 million JV
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 c....
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