You are here

Absent from America, French cars drive into Iran election

Iran's President Rouhani being shown a car during a ceremony marking the beginning of production of new Iran Khodro products, Dena+ and Peugeot 2008, in Teheran on May 2.


FRENCH carmakers PSA and Renault are turning their US absence into an Iranian advantage by piling into a resurgent market still off-limits to foreign rivals fearful of sanctions under Donald Trump's administration.

The French investment has been seized upon by Iranian...

Market voices on: