Peugeot returns to Iran after sanctions lifted
Since sanctions related to Iran's nuclear program have been lifted, Peugeot is jumping at the opportunity to return to a very important market.
Since sanctions related to Iran's nuclear program have been lifted, Peugeot is jumping at the opportunity to return to a very important market.
A change in Iranian trade law could help promote the sale of hybrid and electric vehicles. EVs and hybrids with engines 2.5-liters or smaller are no longer subject to import tariffs, reports the Tehran Times. Iran intends to completely eliminate car import tariffs within two years, according to Iranian Member of Parliament Ali Alilou, who has also urged the government to s
With pressure mounting on Iran to halt its nuclear program, Daimler is reportedly joining the growing list of businesses – German ones especially – that are reducing their commercial activities with the rogue nation.
Iran's most important car manufacturer, Iran Khodro, has announced they are developing the world's most powerful natural gas engine. The engine is installed in the marque's latest model, the Samand Soren (a car which can trace its roots to the Peugeot 405). Although this claim should be checked against the VW Passat TSI EcoFuel, Iran Khodro claims that the Samand Soren ELX produces 150hp a
Iran's largest automaker, Iran Khodro Company (IKCO), cut the ribbon on its first European production facility last week in Minsk, the capital of Belarus, making the IKCO Samand (pictured) the first Islamic car produced in Europe.