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IKCO, IUST Sign R&D Deal

EghtesadOnline: 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 products.
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Publish Date:23/July/2020 | 09:06

Local Carmakers Cannot Pay Their Bills

EghtesadOnline: Local carmakers Iran Khodro and SAIPA, are deep in the red owing part makers 230 trillion rials ($1.9 billion) one official with Tehran Chamber of Commerce says.
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Publish Date:26/November/2019 | 11:11

IKCO-SAIPA Debts Reach $8.8 Billion

EghtesadOnline: 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.
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Publish Date:03/September/2019 | 10:03

Deputy Minister Appointed Iran Khodro Chief

EghtesadOnline: Iran Khodro ’s (IKCO) Board of Directors appointed Deputy Industries Minister Farshad Moqimi, 43, as the automaker’s new CEO.
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Publish Date:27/August/2019 | 10:21

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

IKCO, Azad University Sign R&D Agreement

EghtesadOnline: 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 potentials for boosting the key sector.
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Publish Date:30/April/2019 | 24:20

Tons of Imported Auto Parts Stuck in Iran Customs

EghtesadOnline: An estimated 10,000 containers of imported auto parts are stuck in Iranian customs warehouses ostensibly because local automotive companies Iran Khodro and SAIPA are unable or unwilling to get clearance for the goods.
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Publish Date:03/March/2019 | 11:49

Carmakers Special Sales Trigger Car Buying Frenzy in Iran

EghtesadOnline: As car prices keep rising as never before, the two main Iranian auto companies, Iran Khodro and SAIPA, launched what they call are ‘special sales’, selling their cars like hotcakes.
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Publish Date:23/February/2019 | 15:06

Iran Gov't Extends $333m Loan for 2 Major Carmakers

EghtesadOnline: 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 local parts makers.
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Publish Date:10/February/2019 | 11:24

Car Prices Almost Double: SAIPA Joins Price Race

EghtesadOnline: After carmaker Iran Khodro jacked up prices twice over the past few weeks, its archrival SAIPA apparently did not waste precious time! The second biggest carmaker raised the price of three models from 24 to 80% over the weekend.
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Publish Date:30/December/2018 | 11:09

New Rules and Slumber of Iranian Carmakers

EghtesadOnline: Hard-pressed auto manufacturing industry already under mounting pressure for its poor quality and high prices should prepare for a new challenge in the coming weeks. The state is due to raise the bar and announce a new set of automotive standards. Form what is known, most vehicles made by the two major car companies Iran Khodro and SAIPA will not be able to comply with the new norm.
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Publish Date:06/November/2018 | 10:50

Iran Khodro Starts Presales of Peugeot 207i

EghtesadOnline: Iran Khodro has started online presales of the hatchback model Peugeot 207i. The vehicle is offered with automatic and manual gearboxes, priced at 429 and 495 million rials ($9,420 and $10,870).
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Publish Date:04/February/2018 | 07:21

Buyers Line Up for IKCO’s Block Sale at TSE Today

EghtesadOnline: Tehran Stock Exchange is scheduled to witness a heated competition today, as a 15.85% controlling stake in Iran’s largest automaker is being put up for sale. Rumors about potential buyers are already running amok.
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Publish Date:31/January/2018 | 07:26

Domestic Auto Parts Makers Averse to IKCO-Peugeot Deal

EghtesadOnline: Left to their own devices, Iranian auto parts makers say they are reluctant to and uninterested in collaborating with Iran Khodro over its joint production deal with Peugeot.
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Publish Date:12/November/2017 | 06:21