24 April 2013
Iran Khodro Industrial Group has planned to produce 550 thousand cars including passenger cars as Runna, Peugeot, Samand, Suzuki, and the pick-up Bardo without reliance on foreign sources in the current Iranian year.

Hossein Najari, IKCO vice-president in production asserted, "This year, IKCO has put the daily production of 2000 sets of cars on its agenda, planning on supplying the required parts and components from Iranian part makers."

Referring to the last year's critical condition of car making he added, "Iran's car making simultaneously encountered some problems, which resulted in production slowdown in IKCO; the abrupt halt of Peugeot 206 and Pars parts import and foreign exchange rate unbalance beside barriers in car part import all leaded to a two-month pause in the process of production in IKCO."

"The existing potentials in IKCO, SAPCO and our part makers could all let us manage to pass the crisis. For instance we could accelerate the Runna production," he claimed.

According to the vice-president, in order to bypass the crisis, his company had successfully run Runna production line and made 16000 sets of Runna passenger cars last year. However the company's total production reached 450 thousand sets without Peugeot's support.

Najari continued, "At the moment, IKCO enjoys a remarkable design and engineering capacity, producing 50 various models of cars. Moreover, IKCO cars can meet Euro IV standard."

He also referred to IKCO's achievements in production and self-reliance and declared, "I should also say that at the moment the Iranian Company of Mobarake Steel supplies 80 percent of our demand, while a major part of this used to be outsourced in the past."        

Hassan Bananej
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 2013