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07/23/13

Iran Khodro to introduce 6 new cars by year end

By Press TV

Iranian automaker Iran Khodro Company (IKCO) has announced plans to produce six new cars by the end of the current Iranian calendar year, which ends on March 20, 2014.


Iran's fourth domestically-built car, Dena (file photo)

IKCO Managing Director Javad Najmeddin said in a press briefing on Monday that the company plans to manufacture Tondar 90 (Renault Logan) sedan with automatic transmission, a luxurious version of the third indigenously-manufactured car Runna, the fourth domestically-built car Dena, a sport utility vehicle (SUV), Tondar 90 pickup truck, a medium-duty pickup truck, and Samand Soren equipped with turbocharged engine by the yearend.

He added that IKCO aims to produce 550,000 units of car in the current Iranian calendar year (started March 21, 2013), out of which 50,000 will be exported to international markets.

Najmeddin further noted that Iran Khodro Company plans to introduce a new sedan, Samand pickup truck, and Runna equipped with diesel engine in 2014.

IKCO will also produce a sedan built on an indigenously designed and manufactured platform in 2015, and a compact car built on an indigenous platform in 2016, he stated.

Founded in 1962, IKCO is currently regarded as one the biggest automakers in the Middle East.

The Iranian company won an award from Tehran's Third International Nanotechnology Festival in 2010 as the leading company in nano-related auto industry.

In its five-year future growth prospective, the company envisions reaching an annual manufacturing capacity of three million units, with exports of one million units per year.

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