PSA
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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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PSA Group Committed to Delivering Presold Cars in Iran
EghtesadOnline: Automotive joint ventures between Iranian and subsidiaries of French automotive group PSA, Peugeot and Citroen, have announced that measures have been adopted so as to deliver…
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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…
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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…
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Peugeot delay to begin production perplexes Iranians
EghtesadOnline: Paris-based PSA has yet to start production of the Peugeot 2008 in Iran despite the launch of an assembly line in the country seven months ago.
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Peugeot Team Tours Tabriz-Based Manufacturers of Car Spare Parts
EghtesadOnline: Representatives from PSA Group’s Peugeot have toured several third-party auto parts companies in the northwestern city of Tabriz recently in a bid to incorporate additional local…
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Peugeot Buying Opel is Good for Iran
EghtesadOnline: PSA Group’s announcement this week that they are looking to purchase the Opel/Vauxhall brands from General Motors is hardly surprising to many who know the European car market…
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Sandero Stepway on the Way
EghtesadOnline: Hot on the heels of the recent announcement by SAIPA group–Iran’s second largest car company–that it signed a new deal with PSA Group’s Citroen brand, a subsidiary of the Iranian…
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Citroën on the road in Iran
EghtesadOnline: Citroën is returning to Iranian market after Peugeot.