Tasnim CEO of Irans major car manufacturer Iran Khodro (IKCO) said his company is employing the technology that PSA Peugeot Citroen has brought to Iran although the French automaker has left the country in light of the US sanctions. Asked by reporters about the damage to Irans national interests after Peugeots violation of an agreement with Iran ...

MNA Chief Executive of Iran Khodro Industrial Group (IKCO) Hashem Yekezare said that Peugeot 301 passenger car will hit Iranian car market in the next Iranian calendar year in 1397 (to start March 21, 2018). Speaking in the unveiling ceremony of book on the sustainable performance and social responsibility of Iran Khodro Industrial Group (IKCO),...

FNA- Iran Khodro Industrial Group signed a new cooperation agreement with Hyundai Powertech as part of efforts to meet domestic and foreign markets' needs. The two sides signed the agreement for designing, developing, producing and supplying of 400,000 pieces of new automatic six-speed gearboxes for IKCO's new vehicles platforms. Representing ...

Financial Tribune- The largest local carmaker, Iran Khodro, has signed a joint venture deal on the production of gearboxes in Iran with a subsidiary of the South Korean automotive company, Hyundai PowerTech Company. The deal was signed by IKCOs Director Hashem Yekezare and CEO of Hyundai PowerTech Hae-Jin Kim on Oct. 24 in Tehran, the local automakers ...

TEHRAN (ISNA)- Iran Khodro Industrial Group has taken large steps towards expanding its local and international markets, said IKCO CEO, Hashem Yekehzareh. He added the company is seeking to achieve a high status in the international market thought adopting a new and completely different approach to car production. Addressing IKCOs shareholders ...

TEHRAN (ISNA)- In-depth studies suggest that the regional countries would enjoy a market of 6,700,000 vehicles in 2025, 4m of which would be new demands, said the CEO of Iran's leading vehicle manufacturer, Iran Khodro. In an address to the first International Conference on Industrial Management in Tehran, Hashem Yekehzareh provided the participants ...

Hashem Yekezare, chief executive officer of Iran Khodro, has talked about the importance of investment in the car industry. Speaking on the sidelines of Iran's annual auto show in the capital Tehran, Yekezare highlighted the situation of his company and the wider industry, ISNA reported. Referring to population growth and purchasing power as ...

Tehran, March 1, IRNA Iran Khodro Company (IKCO) Managing Director Hashem Yekkeh Zare announced Irans total sale of auto and spare parts in 2014 at $23 billion. Of this figure about $5 billion went to spare parts. Speaking at the 3rd Automotive Industry International Conference, he predicted that the total sale of auto and spare parts up to 2025 ...

TEHRAN (Tasnim) The managing director of Irans leading car manufacturer, Iran Khodro Company (IKCO), on Sunday said US car manufacturing technology will be indirectly imported to Iran through cooperation with the Italian company Fiat. As regards cooperation with American car manufacturers, the IKCO sticks to the policies of Irans ministry of industry,...

TEHRAN (Tasnim) The CEO of Irans leading automaker, Iran Khodro Company (IKCO), announced that Frances PSA Peugeot Citron, the second largest car manufacturer in Europe, has accepted his companys stipulations for resuming cooperation. Peugeot has officially agreed to IKCOs conditions for resuming mutual cooperation, Hashem Yeke Zare announced on ...

Tehran, Oct 24, IRNA Director of Iran Khoro Industrial Group Hashem Yeke Zare said on Sunday that French Peugeot Company is under pressure by its shareholders to enter Iranian market. Zare told IRNA that Iran Khodro's talks with Peugeot and several other major auto makers are going on their acceptance of Iran's conditions for start of cooperation ...

TEHRAN (ISNA)- Managing Director of Irans largest state-run carmaker (IKCO) Hashem Yekkeh-Zareh said that the corporation plans to establish an exports company to work on engineering, design and providing auto parts. Running the company will pave the way for Iranian car part makers to cooperate with the worlds well-known companies. It will effectively ...

The CEO ofIran Khodro Industrial Group (IKCO), Irans leadingcar manufacturer, says IKCO is in finaltalks with four major foreign companies to set up joint ventures. Hashem Yekeh Zareh said IKCO has finalized a new contract with its French partner, Peugeot, which will be inked soon. Under the new agreement, IKCO will have access to Peugeots export ...

The managing director of Iran Khodro Industrial Group has announced that the company plans to start production of an automatic variant of its recently released Dena sedan, Persian Khodro reported on Monday. Hashem Yekehzareh announced that "plans have been on the cards for a while" to produce the automatic version of its latest model, however, he ...

TEHRAN (ISNA)- Iranian largest state-run car maker (IKCO) plans to present three new cars, said the IKCO CEO, Hashem Yekkeh-Zareh. Each of the three products would be presented in six months period, he said, adding the first two ones would be respectively unveiled this year and next year. He said that the third one is being designed. Yekkeh-...

TEHRAN (FNA)- President of Iran's largest car-maker, the Iran-Khodro Company, said Tunisia can serve as a desirable gate for his company to access the African market. "Tunisia has a special position in the North Africa and it can play as a bridge between IKCO and North African countries," Hashem Yekehzare said during a meeting with Tunisian Minister ...

Expecting an end to sanctions, Iranian manufacturers are preparing to open for business with the West, according toa reportFriday inThe New York Times. The article highlights Irans national car manufacturer, Iran Khodro, in which an impressive number of Western companies are reportedly showing interest. Even though sanctions have cut the carmakers ...

TEHRAN (ISNA)- Iranian largest state-run auto manufacturer IKCO plans to support the establishment of 17 car component design companies by the next three years, said the company's CEO Hashem Yekehzareh. Yekehzareh emphasized that IKCO would back Iranian private sector in design and development of cars and car parts. "We are after establishing three ...

TEHRAN (FNA)- Chinese car manufacturing companies are not of much help to the progress of Iran's car industry, President of Iran's largest carmaker, Iran-Khodro Company (IKCO), Hashem Yekehzare said, adding that his company has limited cooperation with the Chinese to a maximum 10 percent. "The share of the Chinese products in IKCO's cart will not ...

Tehran (AFP) - The boss of French carmaker Peugeot Citroen has held talks with his Iranian joint venture partner to consider returning to the country, the official IRNA news agency reported Monday. According to IRNA, the 10-hour meeting between Peugeot Citroen chief executive Maxime Picat and Hashem Yeke Zare, the boss of car manufacturer Iran Khodro,...