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News ID: 10047 7 April 2011 Hit: 6532 Print View

IKCO to Produce 850,000 Vehicles This Year

IKCO CEO, Javad Najmeddin stated that the company aims to produce and market 850 thousand cars in the current Iranian year, started March 21, 2011. IKCO produced more than 750 thousand cars last year.

IKCO to Produce 850,000 Vehicles This Year

Addressing a large number of personnel at new working year ceremony, Najmeddin accentuated that diesel engine production should be accelerated. He also announced the turbocharged EF7 engine will be mass produced in this year.
"In the current year, the daily production of Peugeot 206 and Samand will exceed 1200 and 1000 units respectively," the CEO said and added, "Paykan pickup will be phased out and substituted by Samand pickup this year."
IKCO launched two new production plants in Mazandaran and Fars provinces last year the production capacity of which are 15 and 10 thousand cars per annum respectively and the sod was turned for establishing two other plants in Semnan and Azarbaijan provinces located in the North and North-East of Iran. These new sites as well as optimal use of the existing plants will make the target production plan achievable.
In this ceremony, the CEO declared the roadmap of IKCO for the current year and said that the company will start mass production of Runna, IKCO's second national car in September.
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.
"Other plans for this new year are to present a new domestically-designed modern car and develop fuel-efficient engines," the CEO and president added.
"In the 2025 perspective plan, Iran's auto industry is going to achieve the fifth stand among Asian countries and eleventh in the world; based on the perspective the country will produce three million passenger cars, one third and of which is going to be exported respectively," said Najmeddin.
At present, Iran Khodro is the first carmaker in the Middle East.