Although Peugeot has just announced its sales have dropped by a staggering 10 percent, it has stopped sending all machine parts which are assembled in its former biggest market, Iran.
French labor Unions have long drummed: this decision has caused thousands of job losses all over France.
Experts say, ever since the French car maker entered into an alliance with the US based General Motors, pressure has been mounting on Peugeot to shoot into its own head.
Meanwhile in Iran, the lucrative car market is now open to the country’s own brands which have become hi-tech as well as to Peugeot's competitor and another French car maker, Renault.
Iran is the world's 12th biggest car producer, ahead of Britain.
Peugeot’s management was not available for comments but experts say there is little doubt that these sanctions against Iran are becoming suicidal for the French car company.
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