EghtesadOnline: While banking hurdles and a volatile forex market have hindered PSA Group’s operations in Iran, the French company’s executive vice president for Africa-Middle East says it is expanding its presence in the country and has signed agreements with 76 local parts makers.

EghtesadOnline: While the global automotive industry is undergoing profound changes, it seems that carmakers and auto policymakers in Iran are stuck in the past, executive vice president of PSA Group for Africa and the Middle East said during an interview in Tehran.