Founding
Iran Khodro was founded with registered capital of 100,000,000 Rls. on 18 August 1962 by Aliakbar Khayami, Ahmad Khayami, Mahmoud Khayami, Marzieh Khayami, and Zahra Seyedi Rashti in Ekbatan Street in Tehran.
[edit] Structure
Iran Khodro (IKCO) is a public joint stock company with the objective of creation and management of factories to manufacture various types of vehicles and parts as well as selling and exporting them. IKCO produces vehicles under 11 brand names.[2]
[edit] Size and production
The company has become the largest vehicle manufacturer in the Middle East, Central Asia and North Africa[3]. In Iran, it is the largest vehicle manufacturing company, having an average share of 65 percent of domestic vehicle production.[citation needed]
In 1997, IKCO broke its own production record by producing 111,111 units of various passenger cars and vans. By 2006 Iran Khodro was producing 550,000 vehicles (for the Iranian year 1384, starting on 21 March 2006).
The opening of the country’s largest car assembly plant in Khorassan in July 2008 is expected to increase capacity with the ability to turn out 100,000 vehicles per annum by late 2009. However, it will not necessarily increase production. Export opportunities are restricted to relatively low volumes ($60 million worth of cars were exported in 2007).[4]
Iran Khodro Wagon Factory in Abhar, Zanjan Province was inaugurated in 2008 and will manufacture 200 rail bus, urban subway, urban light train and monorail wagons, saving $300 million each year on imports.[5]
[edit] Certifications
Iran Khodro has qualified for ISO 9001 from RW-TUV, Germany, as well as many other health, safety, and environment certificates including ISO 14001 and OHSAS 18001.[6] The company has also obtained TÜV, TSE, GOST and some other important standard certification for its diffrent productions.
[edit] Products and relationships
Iran Khodro produces Iran's first "national car", the Samand, which is based on the Peugeot 405 platform. The firm has a long-term relationship with PSA Peugeot Citroën, and assembles a number of Peugeot models under licence from the French firm. In 2009, Peugeot 206, Peugeot Pars, Peugeot 405, Peugeot Roa, and Samand sedans were IKCO's export-bound cars sent to Iraq, Armenia, Uzbekistan, Turkmenistan, Syria and Afghanistan.[7]
It also makes trucks , buses and E-Class passenger car under license from Mercedes-Benz.
For more than three decades, Iran Khodro produced the Paykan, a car developed from the Rootes Group's Rootes Arrow range, best known as the Hillman Hunter. Paykan saloon car production was discontinued in 2005, almost thirty years after the end of Arrow production (latterly as the Chrysler Hunter) in Britain. A pick-up version is still in production.[8]
In a joint-venture with Daimler AG, Iran Khodro is soon to start production of sophisticated 900-class Mercedes-Benz engines; Daimler states that Iranian-made engines will be exported to Germany. [9] [10]
In November 2009, Iran Khodro unveiled its new "national diesel engine" with fuel consumption of 5 liters per 100 kilometers in combined cycle.[11] The engine has achieved emission standard of Euro 5, featuring a Diesel Particulate Filters (DPF) as well as a new Exhaust Gas Recirculation (EGR). The 1.5-liter turbodiesel uses advanced technology to deliver strong power and torque of 256Nm.[12] Iran khodro is currently exporting its productions to almost 40 contries all around the world.
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