IKCO
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IKCO’s Customer Satisfaction Score Improves in FY 2022-23
EghtesadOnline: Iran Khodro Company has improved its customer satisfaction index in several areas in the financial year 2022-23 (ended March 20).
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IKCO Will Not Increase Car Prices in Fiscal 2023-24
EghtesadOnline: Mehdi Khatibi, the CEO of IKCO, has announced that the company does not plan to increase the prices of its products in the Iranian New Year (starting March 21).
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IKCO Engine Output Sets Record
EghtesadOnline: IKCO managed to register growth in the production of EF7 engine series in the fiscal 2022-23.
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IKCO Performance Outlined
EghtesadOnline: Since the beginning of the current fiscal year’s second month (April 21), 100% complete car production has been achieved in this industrial group.
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IKCO Urges Removal of Command Pricing Alongside Car Imports
EghtesdaOnline: IKCO has called for the elimination of command pricing in the domestic car market to be able to compete with imported cars.
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IKCO, SAIPA Open Second Joint Agency for Sales, After-Sales
EghtesadOnline: The alliance between Iran Khodro (IKCO) and SAIPA pertains to sales and after-sales services, logistics, research, driving forces and parts manufacture.
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Localization Projects to Curb IKCO Capital Flight by €133m
EghtesadOnline: Iran's largest automaker, Iran Khodro (IKCO), has implemented 125 localization projects in various fields, which are expected to reduce capital flight by €133 million per year.
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IKCO Arm Works on Advanced Tech to Bolster Car Output
EghtesadOnline: 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.
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MAPNA, IKCO Form Alliance to Produce Electric Vehicles
EghtesadOnline: 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…
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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…
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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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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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IKCO Releases Two-Month Sale Report
EghtesadOnline: 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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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…
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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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Gov’t Reiterates Plan to Privatize IKCO, SAIPA
EghtesadOnline: The Iranian government plans to sell off its share in the two major automotive companies: Iran Khodro (IKCO) and SAIPA.
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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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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…
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IKCO Starts New Presales
EghtesadOnline: Major local carmaker Iran Khodro has introduced a special presale scheme, which started on Monday and runs until Aug 30.
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IKCO to Deliver Presold Peugeot 2008 SUVs
EghtesadOnline: 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…
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On-Demand Car Services for IKCO Products
EghtesadOnline: Emdad Khodro, Iran’s largest roadside assistance company, has begun offering breakdown or routine maintenance services for Iran Khodro products at the customers’ desired locations.…
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IKCO Subsidiary in Tie-Up With Shiraz Engineering College
EghtesadOnline: Shahid Bahonar Engineering College in Shiraz signed a memorandum of understanding with a subsidiary of the country’s largest automotive company Iran Khodro on the establishment…
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IKCO Sells Majority Stake in Subsidiary
EghtesadOnline: Iran Khodro has sold a 50.2% stake worth 720 billion rials ($15 million) in Mashhad Wheel Manufacturing Company following a one-day delay in its offering.
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IKCO to Issue Securities Worth $153 Million
EghtesadOnline: Iran’s largest auto producer Iran Khodro plans to issue 7 trillion rials ($153 million) worth of Murabaha debt securities on Tehran Stock Exchange’s bond market next Saturday…
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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…
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IKCO Starts Peugeot 207 Sedan Production
EghtesadOnline: Iran Khodro started producing a new version of the Peugeot 207 hatchback, refitted by the local firm as a sedan along with an upgraded Dena+ which is equipped with a turbocharger.
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IKCO Raises Prices of New Peugeot Models
EghtesadOnline: Iran Khodro has jacked up prices for three new Peugeot models, namely 2008, 301 and 508.
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IKCO to Start Production of Peugeot 301
EghtesadOnline: Iran Khodro has said it will ‘start test production’ of Peugeot 301 in the coming week.
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IKCO Struggles to Produce Peugeot 2008
EghtesadOnline: In light of mounting pressure from the public and officials Iran Khodro has increased its efforts for the production of Peugeot 2008.
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Renault Can Shake Off SAIPA, IKCO Stranglehold
EghtesadOnline: Domestic carmakers need to grow and develop and move towards manufacturing rather than assembling cars from imported parts, says an advisor to the minister of industries.