Peugeot

Click here to tell Peugeot to #canIran!

Peugeot is part of PSA Peugeot Citroen, the second largest carmaker based in Europe and the eighth-largest in the world according to production units. The Paris-based group has international joint ventures with other carmakers including Toyota, Mitsubishi, BMW and General Motors.
 


 

PSA Peugeot Citroen operates in Iran through a manufacturing agreement with Iran Khodro, Iran’s leading Iranian automaker.[1] Iran Khodro manufactures and sells several Peugeot models including the Peugeot 206, 405 and Roa [2]. Over half a million Peugeot vehicles were produced in Iran in 2010 alone, making Peugeot the leading foreign auto manufacturer in Iran.[3] Peugeot has also been cited as having “more expatriate employees in Iran than any other western company.”[4] Sixty percent of the Peugeot 207i’s parts are produced locally in Iran, with plans to increase that number to 90%.[5]

 


 

In March 2012, Peugeot entered into a joint development and procurement alliance with General Motors, in which GM would acquire a 7% stake in Peugeot. At the same time, the U.S. government holds a 31.9% stake in GM, which could expose Peugeot and GM to U.S. sanctions. [6]

 


 

Peugeot Motors of America Inc.
Overlook at Great Notch
150 Clove Rd
Little Falls, New Jersey 07424

Phone Number: 973-812-4444
Email: customerservice@peugeotusa.net

Sources: 

[1] Peugeot corporate website.  Online at http://www.peugeot.com/regions/en/popUp_pays/...
[2] Iran Khodro corporate website. Online at http://www.ikco.com/en
[3] Iran Vehicle Manufactures Association Website.  Online at: http://www.ivma.ir/UploadedFiles/Permanent/20...
[4] Financial Times, March 7, 2012.  Online at: http://www.ft.com/intl/cms/s/0/fd65223a-6877-...
[5] Industry Week news article. Online at: http://www.industryweek.com/articles/iran_unv...
[6] Wall Street Journal, March 2, 2012.  http://blogs.wsj.com/cfo/2012/03/02/gm-peugeo...

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