Iran Khodro to produce Pars ELX sedan for Peugeot

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Peugeot is set to be a major beneficiary of the easing of international sanctions on Iran.

Iranian national carmaker Iran Khodro plans to launch a new version of Peugeot's Pars, equipping the sedan with its new XUM gasoline (petrol) engine. According to a statement by Iran Khodro, production of the new variant will begin shortly at the company's Mazandaran plant in Iran.

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