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’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...
  • IKCO Arm Works on Advanced Tech to Bolster Car Output
    A knowledge-based company affiliated with major carmaker Iran Khodro (IKCO) is working on localization of auto parts to help curb the sector’s reliance on foreign suppliers. Asghar Rabiei, the CEO...
  • MAPNA, IKCO Form Alliance to Produce Electric Vehicles
    The global electric vehicle race has reached Iran, as the domestic engineering and energy giant, MAPNA Group, and major automaker Iran Khodro Company (IKCO) are gearing up to jointly produce EVs....
  • IKCO, IUST Sign R&D Deal
    Iran’s major automaker Iran Khodro (IKCO) has signed a research and development agreement with the Iran University of Science and Technology to expand cooperation and technologically upgrade its...
  • IKCO Launches 175 Projects for Auto Parts Localization
    In line with efforts to deepen the localization of auto parts production, 175 projects have been launched by Iran’s major carmaker Iran Khodro (IKCO), the company’s CEO said. Farshad Moqimi said...
  • IKCO Launches More Localization Projects
    Carmaker Iran Khodro (IKCO) has launched nine localization projects to curb the company’s capital flight by at least €17.5 million annually. The firm’s CEO Farshad Moqimi has been quoted as saying...
  • Pride, Peugeot 405 to Retire by June 2020
    The longstanding debate over halting the production of poor quality cars in Iran has reached a tipping point with a clear deadline in sight, despite automakers bemoaning a lack of substitute for...
  • Iran Auto Output Down 22%
    Iran’s automotive output fell by 22.4% during the seven months ending Oct. 22 compared to a year earlier. According to data announced by the Persian economic daily Donya-e-Eqtesad, Iran produced...
  • IKCO Releases Two-Month Sale Report
    Iran Khodro Company (IKCO), the country's biggest car manufacturer, has announced that in the past two months, it has sold over 50,000 cars.  

Pages

Financialtribune.com