Iran Khodro


All the very latest information about Iran Khodro in one place. The latest Iran Khodro business news, analysis, comment and interviews, all from our automotive industry experts at just-auto.

Latest insights


Briefing: Iran's auto industry (1)

24 March 2016

Through a review of seven years of Iranian light vehicle production data, just-auto provides an understanding of the automotive industry’s current situation and identifies trends and opportunities in the sector that are now available. This is the first instalment in March's management briefing.


COMMENT: Iran coiled spring bursting to unwind

17 July 2015

It's been glacially slow in evolving, but could one of the longest-running sanctions sagas in modern times be about to draw to a close?


THE WEEK THAT WAS: All eyes on Vienna

21 November 2014

I've come off the bench this week, as just-auto news editor, Graeme Roberts, takes a well-earned sojorn in Shakespeare's home county, HQ also of global good news story, JLR, of which more later.


COMMENT: MEDEF stirs the pot in Tehran

7 February 2014

France's association of businesses (MEDEF) appears to have stirred up one huge hornet's nest this week with its visit to Iran that included elements believed to be from PSA Peugeot-Citroen and Renault.

Latest news


Iranian car output up 22% in five months

19 September 2017

Fresh data on Iranian car production showed a 21.8% growth during the first five months of the current fiscal year that started in March, a local report said.


Renault signs Iran JV to swiftly raise production

7 August 2017

Groupe Renault has inked a joint venture agreement with Iranian partners, Industrial Development & Renovation Organisation (IDRO) and Parto Negin Naseh to produce 150,000 vehicles per year in the country.


Pininfarina inks platform design deal with IKCO

16 May 2017

Pininfarina recently announced a commercial agreement with Iran Khodro (IKCO) for the development of a modular automotive platform, able to underpin at least four different vehicles including a medium segment passenger car.


PSA Group global sales grow 5.8% in 2016 to 3.1m

11 January 2017

PSA Group sales grew 5.8%, to 3,146,000 units last year as the company continues its 'Push to Pass' plan, which provides for 121 regional launches by 2021.


PSA has big plans for Iran - Paris show

29 September 2016

PSA Peugeot Citroen has plans to sell more than 150,000 Peugeot vehicles in Iran in the second half of this year as it eyes the leading position it once enjoyed in the country, a media report from the Paris show said.


IKCO to start Azerbaijan production next year

12 August 2016

Iran Khodro says it has inked a deal to start production in Azerbaijan next year, producing Dena, Runna, Samand and Soren vehicles at a site in Naft Chaleh, triggering the creation of at least 300 jobs.


IKCO to start 3-cylinder design with Mahle

12 August 2016

Iran Khodro says it has agreed a deal with Mahle to design and develop three-cylinder engines in a EUR125m (US$139m) agreement in the latest series of manufacturing initiatives following the recent lifting of sanctions by the West.


Saipa-Citroen deal part of Iran "added value" push

10 August 2016

Saipa says its recent agreement to establish a 50:50 joint venture with Citroen, will see a major push on value-added localisation to achieve a 70% domestic component supply within two years.


Financial bodies comply with norms - Iran Bank

24 June 2016

Iran's Central Bank says it, as well as the country's financial institutions, are compliant with international norms.


More private investment needed-Iranian Ambassador

23 June 2016

Iran's Ambassador to Russia is calling for more private businesses to become involved in his country as the post-sanctions landscape starts to open up real possibilities for overseas companies.


Iran lauds new business climate as PSA deal inked

22 June 2016

Iran's Industry Minister has delivered a tub-thumping series of reasons why Western operations should consider reviving old ties or starting new ones in the post-sanctions era.


PSA Groupe and Iran Khodro agree final JV details

21 June 2016

PSA Groupe and Iran Khodro have inked the final joint venture agreement to produce vehicles in Iran, with Tehran's Industry Minister recently confirming to just-auto the deal mandated a minimum level of local content, with this eventually doubling.


Tehran and Moscow work on free trade zone

21 June 2016

Russia says it is working with Iran to establish a free trade zone as historical ties between the two countries start to revive following the ending of economic sanctions imposed by the West.


Minister says Iran JV local content to double

17 June 2016

Iran anticipates domestic automotive content will reach 80% as the country continues to reap the benefits of sanctions ending at an astonishing rate.


Saipa talks JV with PSA as Iran potential emerges

10 May 2016

Saipa says discussions are "under way" to start production in a joint venture with PSA Groupe as yet further fruits of the recent sanctions lift against Iran become evident.


Iran nuclear deal "has to hold" - Frost & Sullivan

30 March 2016

Analysts insist the recent deal ending sanctions against Iran "has to hold" as suppliers and OEMs - including those from Russia - eye the market as providing genuine opportunity.


just-auto Plus only IKCO and Mercedes Benz to sign CV production deal

17 March 2016

Iran Khodro shareholders have held their regular general assembly to discuss the new legal makeup of their board of directors. After voting, IKCO’s CEO Hashem Yekehzare briefed the shareholders on the current conditions of the car manufacturer. He...


Iran supply content to gradually increase: IKCO

17 February 2016

Iran Khodro says the percentage of localised components for its new requirements with Peugeot following the lifting of sanctions will gradually increase, although it does not currently have a precise figure.


PSA silent on IKCO "damage" payment claims

11 February 2016

PSA Peugeot Citroen is staying tight-lipped on an extraordinary statement issued by Iranian partner, IKCO in which the Tehran-based automaker makes a startling series of claims with regards to 'compensation.'


PSA quiet on any IKCO sanctions 'compensation'

8 February 2016

PSA Peugeot Citroen is declining to comment on reports it will pay Iran Khodro (IKCO) EUR400m (US$447m) 'compensation' for the years international economic sanctions were imposed against Tehran.


IKCO and FCA's Fiat to set up JV in Iran

8 February 2016

According to Iran Daily, which quotes the chairman of the Iran-Italy Joint Chamber of Commerce, FCA is to set up a joint venture with Iran Khodro.


PSA Iran deal will see 40% local supplier content

29 January 2016

PSA Peugeot Citroen says a condition of its US$436m joint venture deal with IKCO is it must source 40% of components in Iran.


FIEV cites 3m Iran market as huge supplier chance

28 January 2016

French automotive suppliers association, FIEV, says there is huge potential for its members in Iran given the recent lifting of sanctions and the latent pent-up demand in the 80m-strong country, which could see the country achieve 3m volume by 2025.


PSA and IKCO ink EUR400m Iran joint venture

28 January 2016

PSA Peugeot Citroen and IKCO have announced a 50:50 joint venture, which will see a Tehran facility established to produce vehicles, whose platform the Iranian company will share to develop its own models.


Renault "affirms Iran ambitions"

28 January 2016

PSA may have grabbed the headlines this week with its JV announcement for Iran, but cross-town rival Renault has issued a statement to remind us that it has a presence there and also has ambitions for its Iranian operations.


Renault-Nissan eyeing swift return to Iran

14 January 2016

Renault-Nissan is prepared to resume vehicle assembly in Iran as soon as international sanctions are lifted, according to group CEO Carlos Ghosn.


Iran Khodro bursts through 10,000 mark in Iraq

19 November 2015

Iran Khodro says despite the huge uncertainty in Iraq, which has hampered the export of spare parts, the automaker has nonetheless produced more than 10,000 vehicles during the past 16 months.


just-auto Plus only IRAN: IKD to produce six-tonne truck named Arna

10 November 2015

The CEO of Iran Khodro Diesel (IKD) said the company is set to produce a six-tonne truck named Arna in the near future. Speaking on the sidelines of 13th International Exhibition of Public Transportation and Civilian Services, Gholam Reza Razzazi said Iran...


just-auto Plus only IRAN: IKCO to restore sites in Syria

4 November 2015

With the withdrawal of anti-government forces from key regions of Syria, Iran Khodro is now capable of restoring its sites in the war-torn country, said Iran Khodro's deputy CEO for export, Saeed Tafazzoli....


just-auto Plus only IRAQ: IKCO to produce 3,000 vehicles every month

3 November 2015

IKCO is set to raise its production level in Iraq by producing 3,000 vehicles per month. Iran Khodro Industrial Group made the decision after its products received a warm welcome in the neighbouring country. IKCO deputy CEO for export, Saeed Tafazzoli said...

Iran Khodro news

Iranian car output up 22% in five months

19 September 2017

Fresh data on Iranian car production showed a 21.8% year on year growth during the first five mon...


Renault signs Iran JV to swiftly raise production

7 August 2017

Groupe Renault has inked a joint venture agreement with Iranian partners, Industrial Development...


Pininfarina inks platform design deal with IKCO

16 May 2017

Pininfarina recently announced a commercial agreement with Iran Khodro (IKCO) for the development...


PSA Group global sales grow 5.8% in 2016 to 3.1m

11 January 2017

PSA Group sales grew 5.8%, to 3,146,000 units last year as the company continues its 'Push to Pas...


PSA has big plans for Iran - Paris show

29 September 2016

PSA Peugeot Citroen has plans to sell more than 150,000 Peugeot vehicles in Iran in the second ha...


IKCO to start Azerbaijan production next year

12 August 2016

Iran Khodro says it has inked a deal to start production in Azerbaijan next year, producing Dena,...



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