19 April 2012
IKCO Scheme Demonstrated in the New Year Celebration Ceremony

Iran Khodro Industrial Group CEO drew the New Year's scheme as new Iranian cars development, global sale boost and customer satisfaction, meeting this year's motto, i.e. 'National production, Iranian capital and work protection'.

He also added protecting national production is considered as the main strategy to fight back international sanctions against Iran and claimed, "We also need to move forward full-powered to improve domestic production and supply chain, leading us to the 100% design and development of car parts and components.

Running up fuel efficient cars production, commitment to euro IV environmental standards and expansion of domestic and international markets are some of other plans included in IKCO's roadmap for this year. 

Referring to the mass production of Runna and Dena sedans respectively by the end of the 1Q and the end of this Iranian year (i.e. March 2013), IKCO CEO hoped that with regard to his company's focus on global sale development, IKCO would experience a tremendous jump in this field this year.

Najmeddin also outlined other new year's plans as new Tondar pick-up production, the contract of which was signed before, and also XUM engine production, which is the optimized version of XU7 meeting Euro IV standard and further emphasized on new car development based on national platform development.

In the meantime, he referred to some of his company's achievements last year and mentioned, "Last year, we were facing more severe international sanctions imposed on Iran's industry, however, we could experience 20% production boost, making 775,000 various types of vehicles."

As last year's main achievements, the CEO referred to the production growth of TU5 and EF7 low consumption engines and explained, "The 72% and 25% production rise in Tondar 90 pick-up and commercial vehicles respectively and also exporting 200,000 vehicles could be considered as the company's main objectives achieved last year."

Farnaz Ghasemi
Head of Int'l Media & Associations
IKCO Communication and Int'l Relations Dept
Tel: + 98 21 48 22 84 29
Fax: + 98 21 48 22 84 99
E-mail: f.ghasemi@ikco.com
Website: www.ikcopress.com

© Press Release 2012