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Peugeot 504 – Click above for high-res image gallery

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What a coincidence. Iranian strongman Mahmoud Ahmadinejad recently removed government subsidies on gasoline, causing prices to quadruple overnight. This week, Iran Khodro Company (IKCO), the region's largest automaker, has announced its future models will incorporate micro hybrid (ie. start/stop) and mild hybrid technology. In fact, the first 200 units of their Samand El Microhybrid X are planned to be released onto the market later this month.

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