Iran Khodro (IKCO) News

Iran Khodro (IKCO) News

Get the latest news about Iran's latgest car manufacturer Iran Khodro (IKCO) including new products, foreign partnerships, output and sales data, exports and prices

  • IKCO Performance Outlined
    The CEO of Iran Khodro Company (IKCO) has outlined the major domestic automaker’s performance in a recent meeting attended by officials and the company’s managers. Mehdi Khatibi placed “the saving...
  • IKCO Urges Removal of Command Pricing Alongside Car Imports
    As the first batch of imported cars are expected to enter the country soon, Iran Khodro Industrial Group (IKCO) has called for the elimination of command pricing in the domestic car market....
  • 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...
  • IKCO Expands Deals via IME
    Some 2,100 Peugeot 207s and Tara cars manufactured/assembled by Iran Khodro Company (IKCO) will be offered at the Iran Mercantile Exchange (IME) today (Dec 10).  The latest deal includes 1,600...
  • 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 to Sell Peugeot 207s via the Mercantile Exchange
    Iran Khodro Company (IKCO), the largest domestic automaker wants of sell some of its popular models via the Iran Mercantile Exchange.  It will offer 1,000 Peugeot 207s on November 21. The base...
  • 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...
  • 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...
  • 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...
  • 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...
  • 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...
  • 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...
  • 54% Growth in IKCO Production
    Iran Khodro Company (IKCO) has announced a 54% growth in production from the beginning of the current fiscal year (March 21) until June 16. In terms of the production of cars deficient in parts,...
  • SAIPA-IKCO Output Jumps 236%
    The production of light vehicles by Iran Khodro Company (IKCO) and SAIPA Automotive Group has increased by 236% from the beginning of the current fiscal year (March 21), until June 8, compared with...
  • First Three-Cylinder Engine to Begin Mass Production This Year
    Iran Khodro Powertrain Company (IPCO) has completed the design of the first three-cylinder engine that will begin mass production by the end of the current Iranian year (March 20, 2023).  "The EF7...
  • IKCO Designing Hybrid Vehicles
    Iran Khodro is designing a hybrid electric vehicle called “Eco Cross” that will initially use gasoline and later electric power. "K125 is the first hybrid gasoline-based and electric vehicle,...
  • IKCO, SAIPA Set Up Alliance for Improving Car Standards, Quality
    Iran’s two major automakers have formed an alliance to improve the safety standards and quality of their products. “SAIPA Automotive Group’s Shahin car will soon be equipped with the engine...
  • IKCO to Boost CNG-Hybrid Output
    The National Iranian Oil Refining and Distribution Company has signed a $20 million contract with Iran’s major auto manufacturer Iran Khodro Company (IKCO) for the production of 45,000 CNG-hybrid...
  • IKCO, Local Bank Collaborate to Boost Auto Parts Localization
    Iran’s Bank Tejarat has decided to lend 1.5 trillion rials ($6.38 million) to the major automaker Iran Khodro Company (IKCO) to boost localization. Based on the recent agreement between the two...
  • Localization Projects to Curb IKCO Capital Flight by €133m
    Iran's largest automaker, Iran Khodro (IKCO), has implemented 125 localization projects in various fields, which are expected to reduce capital flight by €133 million per year. Adel Pirmohammadi,...
  • IKCO Restarts Bus Production
    Major automaker Iran Khodro Company (IKCO) has restarted bus production lines after a long-drawn lull to meet Tehran’s demand for new public transport vehicles. Mohammad Zali, the CEO of Iran...
  • 40,000 CNG Cabs for 4 Cities
    Major local carmaker Iran Khodro (IKCO), in collaboration with Iran Taxi Union, is replacing 40,000 dilapidated taxis with CNG-hybrid vehicles with Euro 4 and Euro 5 standards. A joint initiative...
  • Gov’t Support, Tech Companies Help IKCO Increase Auto Output
    The state-backed automotive tech localization efforts and the strong role of knowledge-based and technology firms in the past several months have boosted the production rate of Iran Khodro (IKCO...

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