Tag: PSA

Peugeot Maker Halts Iran Expansion, Yielding to US Sanctions

LISTEN TO ARTICLE SHARE THIS ARTICLE PSA Group, the maker of Peugeot and Citroen cars, has suspended its push into Iran, becoming the latest major European company to pull back after the U.S. canceled a nuclear accord with the Islamic republic. The French automaker has begun closing down its joint ventures with Iranian carmakers Iran… Continue reading Peugeot Maker Halts Iran Expansion, Yielding to US Sanctions

THE ART AND SCIENCE OF FINDING THE RIGHT PARTNERS IN TODAY’S NEW MOBILITY WORLD

Call them what you want: young companies, start-ups, disruptors, or – as we do in the automotive industry –“new entrants.” Regardless of how you refer to them, the concept behind these new mobility players is the same: they have a revolutionary idea about changing the way we think about personal mobility. Some of them want… Continue reading THE ART AND SCIENCE OF FINDING THE RIGHT PARTNERS IN TODAY’S NEW MOBILITY WORLD

Peugeot stopt activiteiten in Iran

Gepubliceerd op 4 jun 2018 om 19:38 | Views: 1.901 | Onderwerpen: Iran Artikel Gerelateerde instrumenten Peugeot 11:08 21,00 -0,06 (-0,28%) TEHERAN (AFN/BLOOMBERG) – PSA Peugeot trekt zich terug uit Iran. Het Franse autoconcern neemt die stap als gevolg van het opzeggen van het atoomakkoord door de Verenigde Staten en hernieuwde sancties tegen Iran. Het… Continue reading Peugeot stopt activiteiten in Iran

PSA begins withdrawal from Iran

Reverse all. The prospect of US sanctions, following Donald Trump’s withdrawal from the Iranian nuclear deal, has defeated PSA’s bright ambitions in the country of the mullahs. The group announced Monday initiated the process of suspending the activities of its joint ventures in the country. If companies have until August 6 to comply with US… Continue reading PSA begins withdrawal from Iran

Automotive: the PSA car group is preparing to withdraw from Iran

The PSA group, whose Peugeot and Citroën brands had formed joint ventures in Iran, announced in a statement that it had “begun the process of suspending the activities of its joint ventures in order to comply with US law by 6 August 2018 “. Last year, PSA sold 444,600 vehicles in Iran, a country where… Continue reading Automotive: the PSA car group is preparing to withdraw from Iran

PSA a commencé à suspendre les activités de ses JV en Iran

(Actualisé avec contexte) PARIS, 4 juin (Reuters) – PSA a annoncé lundi avoir commencé à suspendre les activités de ses coentreprises en Iran afin de se conformer à la loi américaine d’ici le 6 août et dit être en contact avec les autorités américaines pour envisager une dérogation. Les Etats-Unis ont annoncé le 9 mai… Continue reading PSA a commencé à suspendre les activités de ses JV en Iran

France’s PSA suspends joint ventures in Iran to avoid US sanctions

PARIS (Reuters) – French carmaker PSA Group (PEUP.PA) has begun to suspend its joint venture activities in Iran to avoid U.S. sanctions after Washington’s withdrawal from the international nuclear deal. FILE PHOTO: The Peugeot logo is pictured on the new Peugeot 508 before a news conference of PSA Group to announce the company’s 2017 annual… Continue reading France’s PSA suspends joint ventures in Iran to avoid US sanctions

France’s PSA begins to suspend its joint ventures in Iran

PARIS, June 4 (Reuters) – PSA Group has begun to suspend its joint venture activities in Iran, the French carmaker said on Monday, following the withdrawal of the United States from a nuclear pact signed with the country. European signatories are scrambling to save the accord, which they see as crucial to forestalling an Iranian… Continue reading France’s PSA begins to suspend its joint ventures in Iran

Groupe PSA Position on Its Activities in Iran

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: After signature of the JCPOA1 on July 14th, 2015 and the lifting of international sanctions against Iran on January 16th, 2016, Groupe PSA (Paris:UG) signed joint venture agreements with Iran Khodro on June 21th, 2016 and Saipa on October 6th, 2016. The purpose of these JVs, which are fully compliant with… Continue reading Groupe PSA Position on Its Activities in Iran