Iran auto makers to sign contracts with Germans
– IKCO chair revealed three new contracts with German’s giant on different mutual joint ventures. Hashem Yeke Zare said three cooperation agreements have been signed between Iran auto maker, IKCO, and Mercedes-Benz. The official also pointed to a recent contract with France’s PSA Peugeot Citroën, stating that the first series of the Peugeot 2008 manufactured by the Iran Khodro Company will enter the market in coming months. It seems that the second largest industry of the nation is about to receive the attention it deserve.