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Iran Khodro will launch a joint production line with France`s Peugeot in the near future. said Deputy Industries Minister Mohsen Salehi-Nia.
He said as per a contract signed between Iran Khodro and Peugeot. the joint production line will be launched in late February.
He also said that a memorandum of understanding (MoU) between Saipa automaker and some famous international car manufacturers will also become operations next year.
Salehi-Nia said that a total of 1.8 million cars are produced in the country every year.
