“The Naza Group will be solely responsible for the distribution of Peugeot, Citroen and DS Automobiles in the domestic market and will explore with PSA the distribution prospects in other Asean markets,” he said in a joint statement. Mr. Nematzadeh added that the store was prepared for the installation of equipment and that the partnership letter was signed after the Iranian president`s visit to France. In addition, the final contract and 19 ancillary contracts were signed between two parties. Bmw Group and PSA Peugeot Citroen have been working successfully on engines for several years and together build more than 1.8 million units between 2006 and 2010. In February 2010, the two companies agreed to develop the next generation of their jointly developed 4-cylinder petrol engine, which also meets EU-6 requirements. The common engine is currently integrated into a series of models of the MINI, Peugeot and Citroen brands. Founded in 1896, Peugeot S.A. worked in manufacturing and distribution until 1965, when it was transformed into a holding company as part of a legal and financial restructuring of the group. The activity was taken over by the subsidiary Automobiles Peugeot. In 1974, Peugeot S.A.
acquired all remaining shares in Citroen S.A. and merged the two companies in 1976. In 1978, Chrysler Corporation sold its European production and distribution business to Peugeot S.A. In 1980, the new acquired companies, which continued to market under the Talbot brand, were sold to Peugeot. In 1979, the European subsidiaries of Chrysler Financial Corporation for commercial financing were acquired, which marked a turning point in the development of the group`s financial activities. Peugeot Steels and Tools merged in 1987 with Peugeot Cycles and was renamed Ecia. In 1998, he became a faurecia after the friendly merger with the automotive equipment manufacturer Bertrand Faure. In 2001, Faurecia took over Sommer Allibert`s automotive equipment business. PSA Finance Holding, whose subsidiaries finance the sale of Peugeot and Citroen vehicles, was converted into a bank in 1995. Your name today is PSA Finance Bank. The automotive division was reorganized at the end of 1998 to align the legal structures with the new functional organization established this year.
Peugeot and Citroen Automobiles have transferred all their vehicle development and production facilities to Peugeot Citroen Automobiles and Process Design Design. In 1992, a joint venture was established with the Chinese group SAW (formerly Dongfeng Motor), called Shenlong Automobile, and dedicated itself to the production and sale of the Citroen brand in China. In 2000, the joint venture with the Chinese group Dongfeng Motor Group (DFG) was extended to the Peugeot brand and renamed DPCA. In 2011, a new joint venture was created in China with the Changan Group, called CAPSA, dedicated to the production and distribution of the DS brand in China. In February 2012, Automobiles sold Citroen Citer, a car rental group, to the Enterprise Group. At the end of 2012, PSA Group sold 75% of the capital of GEFCO S.A., the parent company of the logistics group, to JSC Russian Railways (RZD). Following the plan to increase the investments of GROUPE PSA and Renault in the capital of the French subsidiaries of Mechanics (Douvrin, Nord-Pas de Calais) and Transmission Company According to the Shata news agency, the contract was signed by the managing director of Iran Khodro, Hashem Yekke-Zare, and the deputy general manager of Peugeot-Citroen, Jean-Christophe Quemard, for the company. , 301 and 2008, the 2008 of which will then be marketed from February 2017. This model will be offered at a price of about 70 to 80 million Toman. The other two models are manufactured in partnership 50% on each side and with a share of 200 million euros in each part.