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October 31,2020
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...
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October 26,2020
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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October 21,2020
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...
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August 26,2020
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....
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July 22,2020
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...
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June 27,2020
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...
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December 02,2019
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...
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November 20,2019
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...
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November 09,2019
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...
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October 23,2019
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.
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September 14,2019
Domestic carmaker Iran Khodro is interested in utilizing the potentials of Iranian tech firms and knowledge-based companies to develop electric vehicles.
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September 02,2019
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.
In a...
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August 26,2019
Iran Khodro’s (IKCO) Board of Directors appointed Deputy Industries Minister Farshad Moqimi, 43, as the automaker’s new CEO.
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July 13,2019
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 Khodro...
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June 24,2019
The Iranian government plans to sell off its share in the two major automotive companies: Iran Khodro (IKCO) and SAIPA.
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June 12,2019
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...
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May 15,2019
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...
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April 29,2019
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...
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February 06,2019
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...
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January 12,2019
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...
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January 09,2019
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...
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January 07,2019
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...
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August 20,2018
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...
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August 18,2018
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...
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August 15,2018
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...