Peugeot published a picture of its 405 model on its official Instagram account reminiscing when the model was selected as the ‘European Car of the Year’ in 1988. The picture has gone viral in Iran with users making witty remarks like, “1988? The vehicle is still produced in Iran. It’s 2018!” Peugeot 405 is produced by Iran Khodro and has a 39% share of the company’s total output. According to the Ministry of Industries, 198,746 units of the model were produced in Iran in the nine months to Dec. 21. In addition to Iran the vehicle is also produced in Egypt. The French company halted production of the model in the EU in 1997.
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