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.
EghtesadOnline: Iran Khodro’s (IKCO) Board of Directors appointed Deputy Industries Minister Farshad Moqimi, 43, as the automaker’s new CEO.
EghtesadOnline: The Iranian government plans to sell off its share in the two major automotive companies: Iran Khodro (IKCO) and SAIPA.
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).
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.
EghtesadOnline: Major local carmaker Iran Khodro has introduced a special presale scheme, which started on Monday and runs until Aug 30.
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 announced that all presold cars will be delivered in due course. The vehicles were to be made through collaborations between PSA Groups Peugeot brand and IKCO through a joint venture named IKAP.
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.
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 of a joint training center.
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.