Peugeot sees Trump's Iran stance boosting market lead
A Peugeot car logo is seen on media day at the Paris auto show, in Paris, France, September 29, 2016./ ) 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 Donald Trump that could play to the carmaker's advantage, a senior executive said. The group's Peugeot brand is about to begin production with local partner Iran Khodro, while PSA is also preparing to invest more than 100 million euros ($106 million) in a new Citroen plant with partner SAIPA, PSA ...
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