PSA on Wednesday reported a rise in car unit sales for 2016 thanks to business in Iran which the carmaker is including again after the end to sanctions against Tehran.
With the integration of sales from joint ventures and licence agreements in Iran, Peugeot booked a rise in deliveries of 5.6 percent. On a comparable basis, without the integration of the Iranian contribution, the figure dropped by 2 percent from 2015.
The group's three brands Peugeot, Citroen and DS, sold just over three million cars last year, of which 233,000 were produced under licence in Iran. In 2015, the group sold 2.9 million units...
Go to link