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Reason for Peugeot's Demise ? The Sanctions Against The Iran
2 years ago
| Government & Politics

What is completely concealed by the media and politics, the devastating sanctions on The Iran will affect the French automaker.

It is well reported on the crisis in the automobile industry in France, but lied about the reason.


Image above: Khodro's Pars

The truth is the French Auto Giant must close plants and thousands of workers are fired because the French government and also the management of PSA Peugeot Citroën have adopted the policy of sanctions by Washington like sexually dependent slaves, to their own detriment.

Jean-Pierre Mercier, from the CGT union said the corporation's management has deceived them for 12 months.

'Analysts forgot, Peugeot has decided to forget the large car market of The Iran for Peugeot products.

Peugeot has sold 450,000 cars per year in Iran, but it has abandoned this market for political reasons,' he said.

The Iran Khodro Company located outside Tehran is the largest car manufacturer in the Middle East and Central Asia with a production of about 850,000 vehicles per year.

 

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