Economy, Auto

IKCO to Boost Production in Iraq

IKCO to Boost Production in IraqIKCO to Boost Production in Iraq

Iran’s main car manufacturer is set to raise its production level in Iraq by producing 3,000 vehicles per month.

Iran Khodro Industrial Group made the decision after its products received a warm welcome in the neighboring country.

Iran Khodro Company’s deputy for export, Saeed Tafazzoli, said the Iraqi partner has come up with this conclusion that to promote its capacities, it needs to allocate most parts of its production lines to IKCO’s vehicles, Mehr News Agency reported.

“IKCO’s rivals have failed to grab the attention of the Iraqi people over the past years and that’s why Iraq’s Iskandariya site decided to lower the production level and allocate most of its production lines to IKCO’s vehicles,” he said.

Tafazzoli noted that for the time being, Samand, Peugeot Pars and Peugeot 405 are among the main Iranian vehicles being produced in Iraq and Arisan would be added to the list in the near future. “Iran Khodro’s production levels in Iraq would reach 120 vehicles per day and 3,000 per month,” he said.

Due to the lack of affordable cars in the Iraqi market, residents prefer to buy Iranian vehicles due to their low price. In addition, due to the geographic proximity, IKCO and its main rival SAIPA can deliver the parts needed to assemble the cars quickly.