IKCO Launches More Localization Projects

EghtesadOnline: Carmaker Iran Khodro (IKCO) has launched nine localization projects to curb the company’s capital flight by at least €17.5 million annually.

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Publish Date:03/December/2019 | 24:06

SAIPA Makes Pride With 45% Import Dependence

EghtesadOnline: Iranian carmaker SAIPA needs to import auto parts worth €1,400 for making each unit of Pride, a €3,150 vehicle that the company has been manufacturing for the past three decades.

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Publish Date:08/October/2019 | 24:53

Multilateral Deal to Boost Auto Sector

EghtesadOnline: Parts manufacturer SAPCO, affiliated to Iranian carmaker SAIPA, has signed agreements worth 4.2 trillion rials ($37 million) with Ferdowsi University of Mashhad and several industrial units based in Khorasan Razavi Province.

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Publish Date:07/September/2019 | 24:02

Private Iranian Carmaker Seemingly in Good Shape

EghtesadOnline: While semi-state owned automotive companies say they are struggling to stay afloat, CEO of the private car company Karmania seems upbeat, saying that his firm has devised a strategy to weather US sanctions and the economic hard times.

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Publish Date:23/October/2018 | 07:59

Iranian Carmaker s’ Double-Pronged Strategy for Boosting Production

EghtesadOnline: Iranian carmakers have implemented a double-pronged strategy to curb their reliance on foreign suppliers: expanding ties with local tech firms and academia, as well as collaborating with armed forces.

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Publish Date:10/December/2020 | 17:22

40,000 CNG Cabs for 4 Cities

EghtesadOnline: 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.

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Publish Date:01/November/2020 | 13:29

Auto Parts Localization Prevents Capital Flight Worth Over €130m

EghtesadOnline: Major Iranian carmaker Iran Khodro Company (IKCO) has curbed capital flight to the tune of €137 million through the localization of 54 auto parts in the first six months of the current Iranian year (March 20- Sept. 21), a senior company official said.

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Publish Date:01/October/2020 | 15:20

SAIPA Starts Collaboration to Utilize Army’s Air Force Tech

EghtesadOnline: Major Iranian automaker SAIPA has signed an agreement with the Iranian Army’s Air Force, based on which the latter’s technologies will be shared with the carmaker.

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Publish Date:10/September/2020 | 11:12

IKCO Launches 175 Projects for Auto Parts Localization

EghtesadOnline: 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.

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Publish Date:28/June/2020 | 08:26

Iranian Carmaker Eyes Local Tech Potentials for Developing EVs

EghtesadOnline: 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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Publish Date:15/September/2019 | 10:49

Iranian Carmaker to Help Renovate Taxis

EghtesadOnline: Iran's major carmaker Iran Khodro (IKCO) is planning to renovate 10,000 cabs in Tehran’s transportation fleet during the current Iranian year (started March 21).

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Publish Date:07/May/2019 | 11:27

Iranian Carmaker Says Cannot Deliver Presold Renaults

EghtesadOnline: Pars Khodro, a subsidiary of Iranian car company SAIPA, reportedly presold 36,000 Renault cars which it now says it cannot deliver because the new US sanctions have disrupted the supply of parts.

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Publish Date:10/March/2019 | 13:10