29
Jan
10:15
PSA signs up for Iran car production JV
PSA Peugeot Citroën and Iran Khodro have signed a joint venture agreement to produce latest-generation vehicles in Iran, Kallanish learns from the French automotive producer.
This 50/50 joint venture will invest up to €400 million ($437m) over the next five years in manufacturing and R&D capacity. The investment will involve the modernisation of an existing industrial site in Tehran to produce new Peugeot vehicles. The platform will also be used by…
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Anonymous
Very good overview of the weekly steel market.
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