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

Iran Auto Production SlidesIran Auto Production Slides
June 12, 2019 19:03
  • Iran Auto Production Slides
    Since June 2018, Iran’s auto production has been plummeting.  Data released by the Industries Ministry show that the decline has continued in the second month of the current fiscal year (ended May...
  • Deal to Replace 10,000 Old Taxis
    Iran's major carmaker Iran Khodro (IKCO) and Iran Taxi Union have signed a deal to renovate the capital's aging public transportation fleet, in the latest push to combat air pollution in the city...
  • IKCO, Azad University Sign R&D Agreement
    Iran Khodro Powertrain Company, affiliated to the country’s major automaker Iran Khodro (IKCO), has signed a research and development agreement with Islamic Azad University to use academic...
  • $333m Loan for 2 Carmakers
    The government will lend money to two local auto companies, Iran Khodro and SAIPA, to the tune of 40 trillion rials ($333 million). The bailout is for paying part of the carmakers’ mounting debt to...
  • Car Buyers in Iran Get a Raw Deal
    Due to the new US sanctions and the economic headwinds, production of poor quality and outdated (but apparently affordable) vehicles like SAIPA’s Pride cannot be banned, head of Iran Standard and...
  • Iran Khodro Price Appetite Grows, Again
    Local automotive company Iran Khodro has once increased prices of several models by 30%, including the locally designed Samand, Runna, Peugeot models 405 and 206. According to new factory price...
  • Gov’t Support for Knowledge-Based Firms, Startups in Automotive Sector
    Knowledge-based companies and startups active in the automotive sector will get a boost following an agreement signed between the Vice Presidential Office for Science and Technology, and local...
  • IKCO Starts New Presales
    Major local carmaker Iran Khodro has introduced a special presale scheme, which started on Monday and runs until Aug 30. As per the scheme, eight models are on offer, including the locally designed...
  • IKCO to Deliver Presold Peugeot 2008 SUVs
    Extending apologies for the prolonged delay in the delivery of presold units of the SUV model Peugeot 2008, Iran Khodro, the local partner of the French automotive company, has announced that all...
  • IKCO Has Offered 274,000 Cars Since March
    Since the beginning of the current fiscal that started in March, Iran’s largest auto manufacturer, Iran Khodro has sold and presold 274,000 cars. Since March, the value of the rial has plummeted...
  • Iran Khodro Makes Inroads Into Azerbaijan Car Market
    Since March, and through a joint venture between Iran Khodro and the Azeri automotive company AzEuroCar LLC, over 300 units of family sedan model Dena have been produced in the Republic of...
  • Iran Khodro to Unveil Upgraded Models
    Iran Khodro, the largest auto manufacturer in the country, is reportedly set to showcase three updated versions of its cars, in the forthcoming Mashhad Auto Expo. The potential models are...
  • On-Demand Car Services for IKCO Products
    Emdad Khodro, Iran’s largest roadside assistance company, has begun offering breakdown or routine maintenance services for Iran Khodro products at the customers’ desired locations. Real-time...
  • Sedan model Dena designed by Iranian engineers is manufactured at the Khazar production facility.
    The very first products of a joint venture between Iran Khodro and Azerbaijan's AzEuroCar LLC are set to go on sale in the coming days under the brand name Khazar. President Hassan Rouhani's chief...
  • New Price Rise for Peugeot 2008
    Peugeot 2008, the first product of a joint venture between the largest domestic automaker Iran Khodro and the French PSA Group, does not seem capable of finding a way out of price fluctuations....
  • Iran Khodro Expanding Presence in Iraqi Market
    Iran’s largest carmaker, Iran Khodro, is set to export 6,000 cars equipped with automatic transmission to Iraq, during the current fiscal which ends in March 2019. Two locally designed sedan...
  • ISACO intends to use university sites  for holding courses.
    Shahid Bahonar Engineering College in Shiraz signed a memorandum of understanding with a subsidiary of the country’s largest automotive company Iran Khodro on the establishment of a joint training...
  • IKCO Launches Stock Monitoring Application
    Iran largest automaker Iran Khodro has launched an application to ease the shareholders’ work in observing their stocks and the latest changes in their value. Investors can use the app to receive...
  • IKAP to Mass-Produce Peugeot 301
    Iran Khodro is set to launch mass production of Peugeot 301 in the coming months as part of a joint venture agreement with PSA Group’s Peugeot brand. The €400-million joint venture, which is...
  • During the 11 months of the last fiscal which ended in March, IKCO recorded a 653,703-unit output.
    Iran Khodro is looking to expand its footprint in the new Iranian year which started in March by taking steps toward the optimization of the enterprise. According to local automotive websites and...
  • IKCO to Produce 2 Sedan Models in Belarus
    Iran’s largest carmaker Iran Khodro and Belarusian firm Unison have forged a deal under which two sedan models, namely Dena and Dena+, are to be manufactured in Minsk. “IKCO and Unison have signed...
  • IKCO’s Samand
    Iran’s largest automaker Iran Khodro is set to offer two of its locally manufactured sedan models, namely Samand and Peugeot 405, to join Nigeria’s taxi fleet. Hassan Golchubian, IKCO’s exports...
  • Iran Khodro, Hyundai PowerTech Sign Joint Venture Deal
    Iran Khodro, has signed a joint venture deal on the production of gearboxes 
  • The deal was signed on September 12 at a Daimler factory in Wörth am Rhein, in Germany’s western state of Rhineland-Palatinate.
    Data released by Iran Khodro Diesel, a subsidiary of IKCO, sheds light on the...
  • IKCO to Issue Sukuk Worth $180m
    Iran’s largest auto manufacturer plans to issue the largest volume of Islamic bonds the...

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