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Iranian made Peugeot 206 cars are seen on a production line of carmaker Iran Khodro, west of Tehran June 20, 2011. Unusually for the Middle East, Iran has developed its domestic car industry for five decades and produced 1.6 million vehicles last year, about half of them made by Iran Khodro which aims to export around 10 percent of its production this year. Even with sanctions, which have scared off some suppliers from exporting to Iran, and a limp economy, Iran Khodro says sales rose 18 percent in 2010 and

Will French carmakers rev up Iran’s auto industry?

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Iranian made Peugeot 206 cars are seen on a production line of carmaker Iran Khodro, west of Tehran June 20, 2011. Unusually for the Middle East, Iran has developed its domestic car industry for five decades and produced 1.6 million vehicles last year, about half of them made by Iran Khodro which aims to export around 10 percent of its production this year. Even with sanctions, which have scared off some suppliers from exporting to Iran, and a limp economy, Iran Khodro says sales rose 18 percent in 2010 and

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