Peugeot Tightlipped on IKCO Payout
Economy, Auto

Peugeot Tightlipped on IKCO Payout

PSA Peugeot Citroen has over the past week not responded to claims by its local production partner Iran Khodro about "compensation" paid as part of the new joint deal. The fresh report, carried by Just-Auto, says Peugeot has not commented about the supposed payout, making Iran Khodro the only party to highlight the deal.  Financial Tribune contacted Peugeot for a comment on the subject to verify Iran Khodro's claim of the $400 million payout by the French company. The company did not respond by the time the paper went to print.    


Short URL : http://goo.gl/7Uuxg9
  1. http://goo.gl/HlnygY
  • http://goo.gl/5MSl4K
  • http://goo.gl/G7GPXO
  • http://goo.gl/OP17kM
  • http://goo.gl/g4OFVZ

You can also read ...

How China Became Iran’s Coziest Trade Partner?
From bilateral trade to finance contracts and civil projects,...
The economy of the Islamic Republic of Iran has been tied to political and foreign affairs developments over the years.
This is the Financial Tribune’s last edition of the current...
Iranian Banking Sector Awaits Full JCPOA Benefits
Iran’s Deputy Foreign Minister Abbas Araqchi addressed various...
President Hassan Rouhani on Sunday spoke to reporters after the last Cabinet meeting of the current year.
President Hassan Rouhani on Sunday outlined his administration...
Iran has more than 37 billion tons of proven mineral reserves and 57 billion tons of potential reserves.
Iran exported more than 58.09 million tons of mineral products...
All-Out Growth in Interbank Market
The Central Bank of Iran has released its latest data on the...