Made in Iran? PSA Group Reaches Deal to Make 200,000 Cars a Year in Iran 

French carmaker PSA Peugeot Citroen has reached a deal with Iran’s biggest carmaker to open a plant producing 200,000 vehicles a year, renewing an old partnership with Iran Khodro Co following the lifting of international sanctions. The two companies showcased five models on Wednesday to be produced by IKAP, a joint venture first announced in January during a visit to France by Iranian President Hassan Rouhani. More. 

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