09212017Thu

Iran Khodro says Peugeot parts no longer needed, Tehran Times

Bloomberg: Iran Khodro Co., the country’s largest carmaker, can manufacture all automobile parts that PSA Peugeot Citroen (UG) used to supply, Tehran Times reported, citing Chief Executive Officer Javad Najmeddin. Bloomberg

By Ladane Nasseri

Iran Khodro Co., the country’s largest carmaker, can manufacture all automobile parts that PSA Peugeot Citroen (UG) used to supply, Tehran Times reported, citing Chief Executive Officer Javad Najmeddin.

Iran Khodro can construct parts for its Peugeot 206 and Runna passenger cars without backing from the French company, Najmeddin said.

PSA Peugeot Citroen suspended sales of car assembly kits to Iran in February, local reports said on July 31.

Energy, trade and financial sanctions imposed by the European Union, U.S. and United Nations over Iran’s nuclear program have limited international companies’ involvements with the Persian Gulf nation. Iran rejects western accusations that its nuclear activities may be aimed at developing atomic weapons and maintains the program is needed for power generation.

Search

Clashes Erupts in Western City Over killing of Porters by Iran’s Security Forces

Vienna: Iranians Rally in Support of Comprehensive Sanctions against Tehran

Iran: Guidance Patrol harasses women in public places

Iran 22 August 2017: Hundreds of retirees protest outside regime's parliament

Iran, Khuzestan Province: People Clashed With Security Forces

People Chanting Against Iran Regime During the Football Match

Iran: Murder Scene of a Poor Street Peddler by Municipality Agents

Suicide increasing in northern Iran due to crackdown and poverty

Two prisoners were hanged in Sarpol-e Zahab (western Iran)

Iran: Execution of four young men in public in Qeshm- 23 November

The untold story of the 1988 Massacre in Iran

Reyhaneh Jabbari's will Her voice recording from inside prison

Public execution in Kazerun, Iran - August 11, 2016