Iran News ...


7/1/06

Paykan reincarnation receives impetus

TEHRAN, June 30 (Mehr News Agency) - Trilateral talks on resumption of once national car Pakyan's production due to some African states' growing demand kicked off between Iran Khodro Company (IKCO), Industrial Renovation and Development Organization (IDRO), and Ministry of Industries and Mines.

The talks to produce the IKCO's mainstay were initiated by several African nations' repeated demand due to the car's easy and inexpensive maintenance, a report by the manufacturer indicated Friday.

The last Paykan rolled off the factory in May 2005 amid the IKCO's reservation on the closure of the assembly line, calling it a hasty decision.

Exported at $5,000 each in the recent years, the car is now traded for $15,000 in some of the African countries.

... Payvand News - 7/1/06 ... --



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