French President Nicolas Sarkozy talks a tough game when it comes to imposing sanctions against Iran over its nuclear program.
But that hasn't stopped France's second-biggest automaker, PSA Peugeot Citroen, from expanding its presence in the Islamic Republic with the upcoming launch of the Peugeot 207i, an Iranian-made version of the Peugeot 207, which is set to roll out in late March.
Peugeot 206s, assembled in Iran under a licensing deal, have proved enormously popular in Iran.
Pierre Foret, a Peugeot representative in Iran, was quoted as saying by Agence France-Presse that the launch of the 207i was part of the firm's effort to "develop its market" in the Islamic Republic.
The 207i will be priced at $15,500 to $19,000, an Iranian auto official was quoted as saying by the website of the state-owned Press TV.
Meanwhile, two large German insurance companies, Allianz and Munich Re, have announced plans to pull out of Iran, apparently succumbing to international pressure.
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Thanks
by IranMilitaryForum.net on Sun Feb 21, 2010 09:55 AM PSTpatriot,
Thanks ! but that link is good. I do not know why the hyperlink does not work?
Link isn't working
by Patriot on Sun Feb 21, 2010 09:41 AM PSTHi IranMilitaryForum.net. The link isn't working.