November 28, 2022
IKCO and Peugeot to Resume Cooperation
2014/12/01 | 11:11

IKCO and Peugeot to Resume Cooperation

persiankhodro: PSA Executive Vice President talks about its company's serious negotiations on resumption of its activities in Iran and says, "In its new cooperation with IKCO, Peugeot intends to produce three new cars in a joint venture with its Iranian ex-partner".

According to PersianKhodro report, Talking on the sideline of the second Iranian Auto Industry International Conference, Jean Christophe Quémard restated that Peugeot could not ignore Iran market and wanted the mutual cooperation to be resumed as soon as possible.

He further added that Peugeot 301, the first joint product of Peugeot and IKCO would hit the market by the end of 2015, under Peugeot's brand name.

PSA Executive Vice President finally added that Iran's new conditions to cooperate with foreign carmakers had made them to begin a stiff competition to attract Iranian companies' attention.