Iran is once again a crucial market for PSA
- The PSA group has re-started its official production in Iran in 2016 (after a forced break in 2012): 233,000 cars (Peugeot 206 and 405 destined for the local market) were built last year in Tehran, in the Iran Khodro factory, the leading Iranian manufacturer.
- The Peugeot 206 and 405 currently being manufactured will be gradually replaced on the assembly lines of Iran Khodro by the more recent Peugeot 208 and 301, and soon after the 2008 SUV.
- The increase in production volume will thus be faster than PSA had planned, as it is expected that 340,000 units will be produced in 2017, 350,000 in 2018, 360,000 in 2019 and 370,000 in 2020. Figures do not include the local production of Citroën which should total 50,000 units in 2018, 100,000 in 2019 and 150,000 in 2020.
- Overall, according to Inovev, the PSA group is expected to manufacture 340,000 cars in Iran by 2017, 400,000 by 2018, 460,000 by 2019 and 520,000 by 2020, which is more than 10 percent of the group's global output.
- These forecasts may nevertheless become less ambitious in the event that the Iranian market is held back by a possible renewal of tension between the US and Iran.
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