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Iran carmaker active in 7 countries

Press TV - Iran Khodro Group (IKCO) manufactures various vehicle models in seven countries across the globe, reports managing director of the company.

The production capacity of these plants is a total 225,000 vehicles per year, said Manouchehr Manteqi at the inauguration ceremony of the country's largest international auto exhibition in Mashhad.

Manteqi said the value of IKCO's automobile exports last year was $500 million. Products were exported to a number of countries including France, Russia and Syria. Currently 166 IKCO after-sales offices operate in various countries.

IKCO has produced three million vehicles in the past six years alone, which is equivalent to its total production over the previous 36 years. The company currently produces 10 vehicles under 54 brand names. The automotive industry in Iran is the second largest after pharmaceuticals, he added.

IKCO is the largest carmaker in the Middle East, Central Asia and North Africa.

... Payvand News - 08/28/08 ... --

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