Iran Auto Industry

Iran Auto Industry

  • IKCO, SAIPA Open Second Joint Agency for Sales, After-Sales
    The second joint agency of Iran Khodro (IKCO) and SAIPA was inaugurated in the presence of the CEOs of the two automakers. During the inauguration ceremony held on Dec. 8, Mehdi Khatibi, CEO of...
  • SAIPA, BSI Sign Deal for Producing New Car Models
    SAIPA Automotive Group and Bank Saderat Iran have signed a memorandum of cooperation (MOC) in Tehran for producing new car models and increasing employment.  At a meeting attended by the senior...
  • IKCO Set to Break Sales Record
    Iran Khodro Company (IKCO) has produced more than 400,000 passenger, heavy and semi-heavy vehicles in the current fiscal year’s first eight months (March 21-Nov. 21). “The company’s record sale of...
  • IKCO Weekly Vehicle Output at 14K
    The weekly production of commercial and passenger vehicles has reached 14,000 vehicles, according to the Iran Khodro (IKCO) Industrial Group’s deputy director for development and production. Due...
  • Car Parts Producers Focus on Increasing Export to Russia
    Domestic component manufacturers are exporting car parts to Russian companies and their main goal is to boost this trend, according to the secretary of the Association of Automobile Parts and...
  • 14K SAIPA Cars for Iraq, Venezuela
    SAIPA Corporation plans to export 14,000 cars (3,000 QUIK and 11,000 Shahin models) to Iraq and Venezuela. Mohammad Ali Teymouri, the company’s CEO, made the announcement during a supply chain...
  • Vehicle Production Rises by 12% 
    The production of all types of vehicles (heavy, commercial and passenger) registered growth in the first seven months of the current fiscal year (March 21-Oct. 22), according to the head of Iran’s...
  • SAIPA Unveils Shahin Connect 
    SAIPA Automotive Group has unveiled Shahin Connect, which was developed in cooperation with Irancell, during the Future Cars 2 event held in Tehran on Oct. 19. The event was attended by Manouchehr...
  • IKCO Sets Production Record 
    Iran Khodro Industrial Group’s (IKCO) passenger vehicle production reached 301,700 from March 21 to Oct. 4 and set a record, as it was 100,000 units higher than that of the corresponding period of...
  • Auto Reform Plan Lacks Teeth
    An expert reviewed the Industries, Mining and Trade Ministry’s document on the domestic automotive industry’s reform strategies and said a lack of a clear executive plan is its main flaw.  “The...
  • Domestic Carmakers Unable to Accomplish Production Goals
    The policy of domestic car manufacturers changed this year from increasing turnover to completing cars with parts deficit, Saeed Madani, the former CEO of SAIPA, said.  Automakers managed to...
  • Vehicle Production Grows 10% 
    The number of total vehicles (including heavy, commercial and passenger cars) produced in the five months ending Aug. 22 has increased by 10% compared with the same period of last year, the head of...
  • Saina Electric Vehicle Unveiled
    SAIPA unveiled its electric vehicle in the Automobile Industry Transformation Exhibition. The exhibition, held at Tehran’s International Fairground on Aug. 25-28, was an opportunity for domestic...
  • SAIPA Citroen Company Clears Inventory of Incomplete Cars
    For the first time in recent years, SAIPA Citroen Company cleared its parking lot of all incomplete cars in the first four months of the current fiscal year (March 21-July 22). A total of 15,600...
  • SAIPA to Unveil Two Engines
    SAIPA plans to unveil two engines in the current fiscal year (started March 21) in cooperation with Mega Motor Company, according to the CEO of SAIPA Group. "In addition to SAIPA Research Center,...
  • IKCO’s Inventory of Incomplete Cars Decreases by 89 Percent 
    Iran Khodro Company’s (IKCO) parking lots will be cleared of incomplete cars in the coming days, according to Iran Khodro’s vice president for development and production. "Incomplete cars at the...
  • Emulating China?
    China has emerged as the world’s largest carmaker thanks to clearly defined strategies and goals, access to high-tech, deserving incentives, admirable management, informed decisions and the Chinese...
  • IKCO’s Incomplete Cars Down 80%
    The incomplete cars of Iran Khodro Company have declined by 80% on Aug. 5 compared with the same day of last year, according to IKCO’s deputy for comprehensive production system.  Shahram Salehi...
  • Venezuela to Purchase SAIPA Cars  
    Venezuela’s Transportation Minister Ramón Velásquez said his country will buy 10,000 completely knocked down (CKD) and completely built up (CBU) vehicles from SAIPA Automotive Group. Velásquez,...
  • Domestic Production Best Supplier of Economy Cars 
    Domestic production is one of the best options from among the three considered by the Ministry of Industries, Mining and Trade for supplying economy cars, according to a faculty member at Iran...
  • IKCO Set to Sell 13.7% of Shares
    Iran Khodro Industrial Group has invited domestic and foreign investors to participate in the bid for purchasing its state-owned and intragroup shares. According to this call, Samand Investment...
  • IKCO’s Car Manufacturing Waste Decreases by 60 Percent in Q1
    Manufacturing waste generated by Iran Khodro Company’s (IKCO) car production lines, including body production, paint and assembly halls, has reduced by 60% in the first quarter of the current...
  • IKCO Production Grows by 53%
    With the production of 174,695 cars from the beginning of the current fiscal year (March 21) to July 11, the CEO of Iran Khodro Company (IKCO) announced a 53% increase in the production of complete...
  • Sanctions, Command Pricing Roil Domestic Automakers 
    Domestic automakers are experiencing losses due to command pricing and supply-demand problems, according to an automotive expert. "The conditions created by sanctions in the last few years have...
  • IKCO’s Daily Production Surpasses 3,000 Vehicles
    The daily production of Iran Khodro Company (IKCO) exceeded 3,000 vehicles in the third month of the current fiscal year (May 22-June 21). IKCO’s monthly production stood at 60,783 units during...

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