General Motors, Opel, Citroen and Peugeot plan to invest in Iranian car business and cooperate with car manufacturers, according to Hossein Gorusi, a member of the Iranian parliamentary commission for industry, IRIB reports.An agreement with French car companies was supposed to stay in force until 2014 but sanctions forced them to break the deal in 2012, resulting in reduction of car production and dramatic rise of prices.Iran has borders with 23 countries and can sell its products to them, says Gorusi.
General Motors, Opel, Citroen and Peugeot plan to invest in Iranian car business and cooperate with car manufacturers, according to Hossein Gorusi, a member of the Iranian parliamentary commission for industry, IRIB reports.
An agreement with French car companies was supposed to stay in force until 2014 but sanctions forced them to break the deal in 2012, resulting in reduction of car production and dramatic rise of prices.
Iran has borders with 23 countries and can sell its products to them, says Gorusi.
![November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes](https://en.vestikavkaza.ru/upload2/s400xfull/2025-12-02/1764706769692f49d1538777.83780174.webp "November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes")
