PSA, SAIPA finalize deal for Citroen JV in Iran The 50/50 joint-venture lays the foundations for a strategic partnership between the two companies.
11/09/2016 12:00:00 ق.ظ Visit Count281
The 50/50 joint-venture lays the foundations for a strategic partnership between the two companies.

Manufacturing will take place at the Kashan plant in Iran, which will be 50 percent owned by PSA Group.

The joint-venture will invest more than 300 million euros in manufacturing and R&D capacity over the next five years.

The agreement will be backed up by technology transfers and a significant level of local content.

Citroen models will be sold throughout the country via a network dedicated exclusively to the brand. No less than 150 Citroen outlets will open in the next 5 years.
Tag:
Citroen
  Send To Social Networks:
Related Images
Opinion About This Content
Your opinion will be published after activation by administrator!
The head of news
New news
Top news
TORANJMEHRAB CO Website.
All Rights Reserved. Copyright 2015.