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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

IKCO Says Planning Green Cars

EghtesadOnline: Iran Khodro says it will produce eco-friendly vehicles in the near future.
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Publish Date:19/September/2017 | 09:46

Mercedes-Benz, Iran Khodro Sign Truck Deal

EghtesadOnline: Iran Khodro on Tuesday said its trucks division, Iran Khodro Diesel, has signed a deal with Mercedes-Benz Daimler to import heavy duty vehicles.
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Publish Date:13/September/2017 | 13:03

Iran Auto Market: IKCO Reports Higher Production

EghtesadOnline: The biggest auto group Iran Khodro has reported an increase in its market share by 1.2% year-on-year during the first month of the current fiscal (started March 20).
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Publish Date:03/June/2017 | 08:26

Pininfarina, Iran Khodro Design Deal Signed

EghtesadOnline: Italy's Pininfarina automotive design house has signed a €70 million commercial agreement with Iran Khodro Group for the development of a technological automotive platform on May 9.
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Publish Date:10/May/2017 | 05:52

Iran rolls out new generation of national cars

EghtesadOnline: Iran has started the mass production of an upgraded version of its Dena class of national cars which is already seen by the media as a revolutionary product by the country’s leading automaker Iran Khodro Industrial Group (IKCO).
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Publish Date:03/May/2017 | 14:45

Iran Khodro Group Retains 39% Market Share

EghtesadOnline: The total revenue of Iranian auto importers and producers during the first nine months of the current fiscal that ends in March was 391 trillion rials ($10.2 billion), according to a new report.
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Publish Date:22/January/2017 | 13:25

Iran Khodro to Sell Shares in Bank Parsian

EghtesadOnline: Iran’s largest automaker, Iran Khodro , is planning to tender a 33.7% block of its voting shares in Bank Parsian, according to a letter sent by Kamran Ataei, the deputy head of IKCO, to the Securities and Exchange Organization dated Tuesday and circulated in social media networks on Wednesday.
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Publish Date:17/December/2016 | 10:16

IKCO Eyes Nigeria to Boost African Export

EghtesadOnline: The products of Iran’s leading car manufacturer are capable of gaining a significant market share in Nigeria.
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Publish Date:16/November/2016 | 24:30