Iran Khodro
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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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New Initiative to Replace Old Taxis With CNG-Hybrids
EghtesadOnline: Automaker Iran Khodro (IKCO) and Iran Taxi Union are jointly pushing an initiative to replace 50,000 dilapidated taxis with CNG-hybrids by the end of the current Iranian year…
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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 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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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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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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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 Automaker to Help Renovate Iran's Bus Fleet
EghtesadOnline: Iran Khodro Diesel, a subsidiary of the country's major carmaker Iran Khodro, is planning to renovate the country’s aging bus fleet.
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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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Iran Central Bank, Carmakers Clash Over €844 Million Loan
EghtesadOnline: To help again rescue the dysfunctional local auto industry, the Central Bank of Iran agreed last month to lend €844 million to the two main companies, Iran Khodro and SAIPA.
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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…
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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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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’…
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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…
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Iran Khodro Prices Keep Rising
EghtesadOnline: Iran Khodro on Sunday published a new price list for five models including the popular hatchback model Peugeot 207i and the locally-designed Dena+, jacking up prices by a hefty…
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Iran Khodro Joins the More Costly List
EghtesadOnline: Iran Khodro increased factory prices of three models at the weekend including vehicles based on Peugeot 405 and Renault Logan.
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Iran Carmakers Expanding Operations in Syria, Azerbaijan
EghtesadOnline: Iran Khodro and SAIPA are planning to expand their overseas operations. SAIPA is poised to increase production in Syria and IKCO has started manufacturing its Samand model in…
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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…
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Iranian Carmakers Saddled With $1.4 Billion Debt
EghtesadOnline: Major carmakers Iran Khodro and SAIPA have seen their debt tally with parts makers, banks and financiers build up in the past few months amassing a debt of 200 trillion rials…
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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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Iran Khodro Has Offered 274,000 Cars Since March
EghtesadOnline: 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.
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Iran Khodro Makes Inroads Into Azerbaijan Car Market
EghtesadOnline: Since March, and through a joint venture between Iran Khodro and the Azeri automotive company AzEuroCar LLC, over 300 units of family sedan model Dena have been produced in the…
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Iran Khodro to Unveil Upgraded Models
EghtesadOnline:Iran Khodro, the largest auto manufacturer in the country, is reportedly set to showcase three updated versions of its cars, in the forthcoming Mashhad Auto Expo.
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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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Iran-Azerbaijan Automotive Collaborations Take Off
EghtesadOnline: The very first products of a joint venture between Iran Khodro and Azerbaijan's AzEuroCar LLC are set to go on sale in the coming days under the brand name Khazar.