PSA Group and Iran Khodro sign JV agreement

Green Car Congress
By mmillikinJun 21, 2016, 2:00 pm79 pts
The PSA Group and Iran Khodro have signed the final joint venture agreement to produce latest-generation vehicles in Iran. This 50/50 joint venture is expected to invest up to €400 million over the next five years in manufacturing and R&D capacity. This investment will contribute to the development of a…

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