Tag Archives: Peugeot

Iran will inaugurate a production line for a totally home-made self-shifting transmission. for the first time in the history of its car-making industry. in a show of defiance to US’ sanctions.

The largest carmaker in Iran. unveiled the first edition of a home-grown electric car. while the industrial group is suffering from strict sanctions imposed by the US and abided by former European partners of the IKCO.

Minister of Industry. Mine and Trade Reza Rahmani said that production line of four types of vehicles will be stopped by the end of the current year (started March 20. 2019).

Iran'.s giant car-maker Iran Khodro manufactured a home-made engine named EC5 which can reduce fuel consumption in Peugeot 301 passenger cars.

Chief Executive of Iran Khodro Industrial Group (IKCO) Farshad Moghimi said on Friday that ‘Peugeot 301’ sedan will hit the domestic car market during the first half of the next Iranian calendar year.

Statistics showed that Iran Khodro Industrial Group (IKCO) manufactured 136.307 passenger cars in the first five months of the current Iranian calendar year (March 21 – August 21).

A giant Iranian auto-parts maker announced that it has acquired the technology behind manufacturing the airbag control unit (ACU) after US-led pressures on car makers obstructed the country’s ability to import high-tech parts needed.

French car makers Renault and Peugeot have posted a slump in first-half vehicle sales. mainly because of their withdrawal from Iran under threat of US sanctions.

Fiat Chrysler has made a transformative merger proposal to Renault. the Italian-American carmaker said. in a deal that would create a new third-ranked global manufacturer.

Despite the high costs. the sale of electric vehicles is set to grow over the coming years.