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Peugeot targets 150,000 vehicle sales in Iran in second half

  PARIS / Reuters PSA Peugeot Citroen said it plans to sell more than 150,000 Peugeot vehicles in Iran in the second half of this year as the French carmaker seeks to reclaim the leading position it once enjoyed in the country. Peugeot, the biggest-selling European automaker in pre-sanctions Iran, suspended sales in 2012 when an international boycott due to ...

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Amazon’s plan to infiltrate homes this season

  Bloomberg The race is on to get more consumers hooked on Amazon ahead of the holidays, and music is the latest lure. Amazon.com Inc. is working on a stand-alone music-streaming service and will release more details in the coming weeks, according to a person with knowledge of the matter. With a price tag reported to be about $5 a ...

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Automakers show off electrics at Paris show

  AFP Global automakers are showing off new electric vehicles at the Paris auto show as they look ahead to a world of tighter environmental standards on emissions. Volkswagen on Thursday displayed the I.D, a battery-powered compact it says will sell for about what a fully equipped Golf diesel does when a production version eventually goes on the market in ...

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