Iran Khodro is planning to export 100,000 cars in its financial year starting March 2007.
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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.
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