Iran JV to Launch Peugeot 508
Iran JV to Launch Peugeot 508

Iran JV to Launch Peugeot 508

Iran JV to Launch Peugeot 508

The joint venture between France's Peugeot and Iran Khodro, IKAP, has announced that the presale of Peugeot 508 will commence in the next few weeks, but failed to give a price.
The car will be sold first under its sports variant called the GT line, which claims to offer a better level of comfort and sportier features, according to local auto blog Asbe Bokhar.
It has been reported that the company is not initially making the car in Iran, but will import it from its assembly plants in China, Malaysia or France.  
Although the company has not announced the price, with 100% tariff levied on the vehicle, it could cost up to 3 billion rials ($80,000) in the local market.
The first version of the 508 was unveiled at the 2010 Paris Auto Show; the latest version does away with the increasing numerical nomenclature which is now fixed with 8 at the end.  
The 508 is a family sedan that replaced both the medium-sized 407 and larger 607, and can compete with models such as the Hyundai Sonata and Toyota Camry and Kia Optima, which can be seen on Iranian roads.
According to the catalogue published by the 50-50 joint venture, the French car comes with a 1.6-litre, 163 horsepower, four-cylinder Turbo engine and the output is managed by a six-speed automatic transmission.
Peugeot claims combined cycle fuel consumption of just 5.6L/100km – a figure many diesel engines struggle to achieve.

Short URL : https://goo.gl/ELdsWV
  1. https://goo.gl/GgMTVo
  • https://goo.gl/JqsfkH
  • https://goo.gl/i92KxQ
  • https://goo.gl/NmTVvY
  • https://goo.gl/HBriUa

You can also read ...

Turkey Determined to Protect Companies From US Sanctions
Turkey will take every initiative to protect its companies...
Tesla’s Gigafactory in Nevada, the US
Tesla Inc has flown six planes full of robots and equipment...
Westminster Group Hopeful Over Iran Airport Security Deal
UK-based company Westminster Group PLC is still hopeful it can...
Fiat Chrysler Recalls 4.8m Vehicles
Fiat Chrysler is warning the owners of approximately 4.8...
Head of Sistan-Baluchestan’s Ports and Maritime Organization Behrouz Aghaei (L) shakes hands with Managing Director of Life Trade Promotion Company Mohammad Arazesh after signing the agreement on May 23.
Life Trade Promotion Company signed an agreement with Sistan-...
Further Hike in Unified USD Rate
The Central Bank of Iran has increased the US dollar's...
CBI: Inflation at 9.1%
The average goods and services Consumer Price Index for urban...
Non-Oil Trade With Austria Surpasses 19%
Iran traded $364.34 million worth of non-oil goods with...

Add new comment

Read our comment policy before posting your viewpoints