Peugeot and Renault in pole position to enter Iran’s car market / عصر خودرو

-Reporting "Asre Khodro", Before sanctions were imposed, choking domestic demand, Peugeot was the biggest selling European manufacturer in Iran. PSA is looking to strike a bigger deal with Iran Khodro, the country’s largest manufacturer, though its French rival Renault is also looking to get in on the act. Iran is already the Middle East’s largest car market, and despite the current slump there are forecasts that growth could accelerate rapidly over the next few years with the lifting of sanctions. Economy Analyst Saeed Leilaz believes however that there will be no immediate effect. “