'As per a contract signed between Iran Khodro and Peugeot, the joint production line will be launched in late February,' Salehi-Nia told reporters on the sidelines of touring Farda car manufacturing company in Semnan Industrial Township on Saturday.
He also said that a memorandum of understanding (MoU) between Saipa automaker and some famous international car manufacturers will also become operations next year, IRNA reported.
Salehi-Nia said that a total of 1.8 million cars are produced in the country every year.
Iran Khodro, Peugeot to launch joint production line in Iran soon
Feb 5, 2017, 10:15 AM
News ID:
10228
EghtesadOnline: Deputy Industries Minister Mohsen Salehi-Nia declared that the Iran Khodro will launch a joint production line with France's Peugeot in the near future.