IRAN: Iran Khodro targets 100,000 exports next year
Iran Khodro is planning to export 100,000 cars in its financial year starting March 2007.
According to Merhnews.com, exports by the company should be worth around US$1bn. Exports will include parts and technical and engineering services as well as completely built-up and knocked-down passenger cars.
No Iranian company has ever exported this much before, according to the report.
However, the figure is ambitious. In the 2005-2006 financial year Iran Khodro exported only 6,000 cars. Exports in the first half of the 2006-2007 financial year were around 9,000 units, In October this year the company complained that problems with quality and lack of government support were undermining its ambitious plans for a massive increase in exports over the next four years.
Iran Khodro's current and potential target markets vary from ex-Soviet countries to Sudan, Algeria, Jordan, Lebanon, and Egypt.