tag PSA Group

French Carmakers to Offer Packages to Remain in Iran

EghtesadOnline: French carmakers, PSA Group and Renault have held talks with Iranian officials during recent weeks to come up with “packages” to preserve their operations in the country.
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Publish Date:01/July/2018 | 13:38

New Price Rise for Peugeot 2008 in Iran

EghtesadOnline: Peugeot 2008, the first product of a joint venture between the largest domestic automaker Iran Khodro and the French PSA Group , does not seem capable of finding a way out of price fluctuations.
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Publish Date:03/June/2018 | 07:34

As Iran Sales Grow Peugeot Profits Rise to €2 billion

EghtesadOnline: French automaker PSA Group posted an 11% increase in H1 profits following the repatriation of profits from Peugeot’s much older 206 and 405 models currently produced by Iran Khodro.
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Publish Date:29/July/2017 | 11:58

Iran 86.5% of PSA Group MENA Sales

EghtesadOnline: Data on global automaker PSA Group has been released in the French media with Iran outperforming all other regions in sales for the first quarter of 2017.
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Publish Date:03/May/2017 | 24:15

PSA Group Registers 464% Q1 Growth in MENA Region

EghtesadOnline: French automaker PSA Group in a press release said that the company’s global sales in the first quarter of 2017 amounted to €13,629 million, of which €9,018 million was for the Automobile Division and €5,092 million for Faurecia (automotive parts manufacturer).
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Publish Date:01/May/2017 | 24:14

Peugeot's New Crossover Could Cost $24,000

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.
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Publish Date:09/April/2017 | 08:35

Citroen Eyes 30% Share of Iran's Market

EghtesadOnline: Chief executives of PSA Group ’s Citroen and SAIPA held a joint press conference at the weekend during which the French director said that Citroen is aiming to claim a 30% share of Iran’s auto market by 2021.
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Publish Date:14/February/2017 | 14:37

Peugeot Deliveries Propelled by Sales in Iran

EghtesadOnline: French carmaker PSA Group said global vehicle deliveries rose by 5.8% last year, propelled by strong sales of its Peugeot brand in Iran and the continuation of the European auto market’s recovery.
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Publish Date:12/January/2017 | 15:09

US Sanctions Slash PSA’s MENA Sales

EghtesadOnline: PSA Group ’s sales in the Middle East and North Africa plunged 68.4% in the first half of 2019, punished by the automaker’s forced withdrawal from Iran under the threat of US sanctions.
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Publish Date:16/July/2019 | 10:24

US Sanctions Against Iran Hurting Renault, Peugeot

EghtesadOnline: French automotive companies PSA Group and Renault have linked declines in their first-quarter revenues to their forced withdrawal from Iran under threat of US sanctions.
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Publish Date:27/April/2019 | 13:00

Renault, PSA in Marathon Talks to Maintain Iran Operations

EghtesadOnline: French carmakers, PSA Group and Renault, through talks with their Iranian counterparts and local and foreign authorities, are deliberating over ways to remain in Iran’s market in spite of looming US sanctions.
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Publish Date:01/July/2018 | 13:36

PSA Confident Iran Market Will Deliver

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.
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Publish Date:18/February/2018 | 08:24

French Carmakers Reiterate Appeal of Iranian Market

EghtesadOnline: The Fifth Iran Automotive Industry International Conference opened Tuesday at the iconic Milad Tower in north Tehran. Managing directors from French automotive companies PSA Group and Renault were in attendance, the IAIIC website reported.
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Publish Date:14/February/2018 | 10:07

Iranian Parts Makers Asked to Collaborate in Peugeot’s Algeria Venture

EghtesadOnline: Iranian parts makers will collaborate with PSA Group on the production of vehicles under Peugeot brand in Algeria, the French automotive giant’s executive vice-president and purchasing director said at a meeting with suppliers in Tehran on Tuesday.
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Publish Date:03/February/2018 | 07:50

Peugeot poised to buy GM's Opel, creating European car giant

EghtesadOnline: France's PSA Group is set to announce a deal to buy Opel from General Motors on Monday after striking an agreement with the U.S. carmaker and winning the blessing of its board for the acquisition.
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Publish Date:05/March/2017 | 05:27

Trump's strong Iran stance could benefit the French automaker Peugeot

EghtesadOnline: France's PSA Group is pushing ahead with an Iranian plant investment and production ramp-up in the face of a hardened U.S. stance against Tehran under President Trump that could play to the carmaker's advantage, a senior executive said.
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Publish Date:14/February/2017 | 11:50