Iranian largest automaker company Iran Khodro Corporation (IKCO) unveiled the second indigenous car on Saturday.
Iranian Minister of Industries and Mines Ali Akbar Mehrabian, IKCO CEO's Javad Najmeddin as well as several top parliamentarians were present in the unveiling ceremony.
The car code-named Dena costs 18-25 thousand dollars for ELX Luxurious model and 14-18 thousand dollars for LX model.
The new vehicle designed based on the platform of Samand, Iran's first indigenous car, is to be mass produced in 2012.
The car meets Euro 4 prolusion standards and can be promoted to Euro 5 level.
Dena is expected to have the lifespan of some seven years.
Najmeddin also said that the Dena project was first raised in March 2010, the production of its first working prototypes began in February 2011, and it reached its operational phase in March 2011.
IKCO plans to manufacture 35,000 units of Dena in 2012, 80,000 units in 2013 and 100,000 units between 2015 and 2017.
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