Iran Khodro (IKCO) News

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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</p>

  • 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.

  • 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…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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’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…

  • 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. According to a statement published on the company's…

  • Domestic carmaker Iran Khodro is interested in utilizing the potentials of Iranian tech firms and knowledge-based companies to develop electric vehicles. The newly-appointed IKCO CEO Farshad…

  • By October 2018, the accumulated debts of Iranian carmakers, Iran Khodro (IKCO) and SAIPA, had reached 1 quadrillion rials ($8.8 billion), the industries minister said in a recent interview.

  • Iran Khodro’s (IKCO) Board of Directors appointed Deputy Industries Minister Farshad Moqimi, 43, as the automaker’s new CEO. Former IKCO chief, Hashem Yekezare, was sacked last Monday for “…

  • Syrian Labor Minister Rima Qadiri said the production of Iranian vehicles has resumed in Syria. Speaking to reporters during a visit to Tehran, Qadiri said the sedan Samand designed by Iran…

  • The Iranian government plans to sell off its share in the two major automotive companies: Iran Khodro (IKCO) and SAIPA. Industries Minister Reza Rahmani said, “The government’s share in IKCO…

  • 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 (…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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…