EghtesadOnline: Iran Khodro (IKCO) and PSA Group's new joint venture IKAP will reportedly sell Peugeot's 2008 crossover for 900 million rials ($24,000), the local automotive website Persian Khodro said without citing a source.

EghtesadOnline: LS Automotive Co., an automotive electric part making unit of South Korea’s conglomerate LS Group, is seeking to make inroads in overseas markets with moving into markets like Iran and China.