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Native name | ایران خودرو |
|---|---|
| Formerly | Iran National Corp. (1962–1979) |
| Company type | Private |
| TSE:Iran Khodro(IKCO1) ISIN: IRO1IKCO0008 | |
| Industry | Automotive |
| Predecessor | Irannational |
| Founded | 29 August 1962; 63 years ago (1962-08-29) |
| Founder | Ahmad Khayami Mahmoud Khayami |
| Headquarters | Tehran,Iran |
Area served | |
Key people |
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| Products |
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| Services | |
| Revenue |  US$ 12.8billion(2011)[1] |
 US$ 1.03 billion(2011)[2] | |
| Total assets | US$ 32billion(2011) |
| Owners | Cruise Company |
Number of employees | 72,000(2022)[3] |
| Subsidiaries | List
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| Website | www |
Iran Khodro (Persian:ایرانخودرو,Irān Xodro), branded asIKCO, is an Iranian automaker headquartered inTehran.[4] IKCO was founded in 1962 asIran National (ایران ناسیونال,Irān Nāsionāl). The public company manufactures vehicles, includingSamand,Peugeot andRenault cars, and trucks, minibuses and buses.[5] As of 2009, it produced 688,000 passenger cars per year.
The wordkhodro (خودرو) means "automobile" inPersian, hence Iran Khodro means "Iran Automobile".
Iran Khodro was founded on August 29, 1962.
Iran Khodro Industrial Group (IKCO) is a publicjoint stock company with the objective of creation and management of factories to manufacture various types of vehicles and parts as well as selling and exporting them.
The company has become the largest vehicle manufacturer in theMiddle East,Central Asia andNorth Africa.[6] In Iran, it is the largest vehicle manufacturing company, having an average share of 65 percent of domestic vehicle production.[7]
Iran Khodro produced 556,442 passenger cars and commercial vehicles in 2023 and has planned to produce 600,000 units in 2024.
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Iran Khodro has qualified forISO 9001 fromRW-TÜV,Germany, as well as many other health, safety, and environment certificates includingISO 14001 andOHSAS 18001.[8]
Iran's automobile production crossed the 1 million mark in 2005. Iran Khodro is one of the largest car manufacturers inAsia. It has establishedjoint-ventures with foreign partners on 4 continents.For more than three decades, Iran Khodro produced thePaykan, a car developed from theRootes Group'sRootes Arrow range, best known as theHillman Hunter. Paykan saloon car production was discontinued in 2005, almost thirty years after the end of Arrow production (latterly as the Chrysler Hunter) inBritain. Apick-up version was still in production until 2015.[9] Bardo Pick-up,pick-up version of Paykan, will be replaced by a newpick-up called theArisun which is related to theSamand.[10]
The Iranian-designed IKCOSamand replaced the datedPaykan as Iran's "national car", and featured a partly Iranian-designed CNG/petrol dual-fuel engine in its Soren variant.
The firm has a long-term relationship with European and Asian manufacturers includingPSA Peugeot Citroën, manufacturing and assembling a number of models under license from these firms. In 2009, Peugeot 206, Peugeot Pars, Peugeot 405, Peugeot Roa, andSamand sedans were IKCO's export-bound cars sent to Azerbaijan, Iraq, Armenia, Uzbekistan, Turkmenistan, Syria and Afghanistan.[11] As at 2012, IKCO products incorporate 5-10 percent of components imported fromFrance. IKCO's parts imports from Peugeot accounted for 700-800 million euros ($572–654 million) per year.[12] Iran has reached 98% of self-sufficiency in producing Peugeot 405 parts and 75% in Peugeot 206 parts.[13]
By the end of 2012, Peugeot cut its relations with Iran Khodro due to theinternational sanctions against Iran. Four years later, in 2016, after reachingJoint Comprehensive Plan of Action between Iran andE3+3, Iran Khodro and Peugeot decided to make a 50%-50% joint venture namedIKAP to start the relations again.
Renault Pars is in charge of the engineering, quality control, parts supply, logistics, managing sales policies as well as marketing and customer services for Renault products in Iran and IKCO is one of its main shareholders that produces Tondar for the domestic market. Renault Pars is a joint venture, 51 percent of which belongs to Renault of France. Forty-nine percent of Renault Pars' shares is jointly held byIran's Industrial Development and Renovation Organization, IKCO andSaipa. The agreement to form this joint venture was signed in March 2004.[14]
IKCO also manufactures trucks, buses andE-Class passenger cars under license fromMercedes-Benz. In a joint-venture withDaimler AG, Iran Khodro is to start production of sophisticated 900-class Mercedes-Benzengines; Daimler states that Iranian-made engines will be exported toGermany.[15][when?] Among Asian automotive manufacturers, IKCO is cooperating withSuzuki. ProducingSuzuki Grand Vitara in IKCO's Site in Khorasan, IKCO will produce Suzuki Kizashi.[16][when?]
In 2012, IKCO announced that at least 3% of the company's sales will be allocated to research and development.[citation needed] As of 2015, the company's 7-year strategic plans for product development are in body design, die making, suspension, powertrain, trim and car electronics.[17]
In 2017, Italian car design firm 'Pininfarina' signed a €70 million, 36-month contract with Iran's biggest car producer, Iran Khodro Group on for the development of four new models and to give the carmaker a second wind in research and development of new models. The agreement will help develop a modular automotive platform for four different vehicles, and the first passenger car of the medium segment of the market, a press release from the Italian firm said.[18][19]
IKCO has 12 production site around the globe, 6 sites in within Iran's borders and 6 further sites in IKCO's main export markets.
| Plant | Production Capacity | Product | Location |
|---|---|---|---|
| Fars | 30000 | Pars (Peugeot 405 and Samand to be produced later) | Shiraz |
| Mazandaran | 15000 | Pars, Samand Sarir, IKCO Reera | Babol |
| Semnan* | 100000 | Samand | Semnan |
| Khorasan | 150000 | Suzuki Grand Vitara, Pars, Haima, Peugeot 405 | Mashhad |
| East Azerbaijan | 120000 | Samand EF7, Samand Arisan (replacing Paykan Pick-up)[20] | Tabriz |
| IKCO (main plant) | 700000 | Roa, Peugeot 405, Peugeot 206, Peugeot 207i, Samand, Tondar 90, Soren | Tehran |
| Plant | Production Capacity | Product | Location |
|---|---|---|---|
| AzSamand | 10000 | Samand | Azerbaijan |
| Siamko | 30000 | Samand | Syria |
| CDC | 15000 | Peugeot Pars | Egypt |
| Seniran Auto | 30000 | Samand | Senegal |
| Venirauto | 16000 | Samand | Venezuela |
Russia, Syria, Turkey, Iraq, Azerbaijan, Ukraine, Egypt, Algeria and Bulgaria are among the most important target markets for the group.
Export opportunities are restricted to relatively low volumes with $60 million worth of cars exported in 2007.[21] By this Iran Khodro has ranked as 24th company among 100 top companies in Islamic world in year 2008. The Company has exported about 35,000 cars in year 2009.[5] The company exported 40,000 units in 2010, including 30% of the total production of its Samand model. IKCO intends to export 9% of its output in 2011, amounting to 75,000 vehicles, before reaching 16% in exports by 2014.[22]
The following table shows the cars that have been specially designed
and built by IKCO:
| Car | Start production | End of production | Car class |
|---|---|---|---|
| Paykan | 1967 | 2005 | Class B sedan |
| Bardo | 1969 | 2014 | Class B pickup |
| Samand | 2001 | 2022 | Class C sedan |
| Sarir | 2006 | 2012 | Class C sedan |
| Soren | 2007 | 2019 | Class C sedan |
| Runna | 2012 | 2020 | Class B sedan |
| Dena | 2014 | 2021 | Class C sedan |
| Arisun | 2014 | 2020 | Class C pickup |
| Arisun 2 | 2021 | — | Class C pickup |
| Dena+ | 2016 | — | Class C sedan |
| Dena+ turbo | 2017 | — | Class C sedan |
| Soren+ | 2019 | — | Class C sedan |
| Runna+ | 2019 | — | Class B sedan |
| Tara | 2020 | — | Class C sedan |
| Reera | 2024 | — | Crossover |
Mercedes-Benz
Mercedes-Benz E-Class Production in Iran Khodro: A Now-Abandoned Assembly Line.[citation needed]
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Thirteen years ago,[when?] the production line of theMercedes-Benz E-Class (W211) was officially launched at Iran Khodro’s factory.[citation needed] Today, however, the assembly plant lies deserted.[citation needed]
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In 2002, negotiations between Iran Khodro and Mercedes-Benz Germany reached a successful agreement. By 2006, the W211 E-Class body was being assembled at "Top Khodro," a subsidiary of Iran Khodro. At the time, Mercedes-Benz Germany supplied around 1,740 parts for the vehicle, and Tap Khodro workers assembled the E-Class using the Semi-Knocked Down (SKD) method before releasing it to the market.[citation needed]
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For a brief period in the mid-2000s, Iran Khodro’s subsidiary, Top Khodro, assembled several variants of theMercedes-Benz E-Class—including the E200, E280, and E350—under license from the German automaker. These models, based on theW211 generation, were partially built through Semi-Knocked Down (SKD) assembly, with around 1,740 components imported from Mercedes-Benz.[citation needed]
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Iran Khodro started to design a new range of engines for its products in 2007 in a joint with F.E.V ofGermany. The firstEF series engine officially shown to the public in 2008 isEF7 which is currently poweringSamand LX car in Iran.
EF7turbocharged engines were initially shown to the public in mid-2009 and will be installed onSoren ELX by last 2010. OtherEF series engines namedEF4 &EFD (Diesel) engines design are finished and they are being tested for mass production by Iran Khodro. In November 2009, Iran Khodro unveiled its new "nationaldiesel engine" with fuel consumption of 5 liters per 100 kilometers in combined cycle.[citation needed] The engine has achieved emission standard of Euro 5, featuring aDiesel Particulate Filters (DPF) as well as a new Exhaust Gas Recirculation (EGR). The 1.5-literturbodiesel uses advanced technology to deliver strong power andtorque of 300Nm.[citation needed] Iran Khodro has designed theEF4 &EFD itself.
IKCO 3FX engine family is a series ofstraight-three cylinder engines in development by IKCO to be used on class A to class C vehicles.[25]
SAPCO'[26] had been established in 1993 to manage the supplying chain of automotive parts in IKCO.
IKCO Spare Parts and After-Sale Services Co. (ISACO) was founded in 1977. ISACO is providing after-sale services and supplying spare parts for IKCO products throughout the country. ISACO Kish, is one of the subordinate companies of ISACO which is assigned with the task of supplying after-sale services to IKCO vehicles in the international markets. In 2011, 37 percent of the needed spare parts were globally outsourced and ISACO aims to reduce this amount to 23 percent.[citation needed] Iraq, Belarus, Russia, Ukraine, Venezuela, Senegal, Algeria and Tunisia are the main target markets for ISACO.
IPCO was established in 1998. The main activity of this engineering services company is in the field of power train including design and development, testing, adjusting, product engineering, and quality assurance processes in mass production and design production.
This subsidiary of IKCO was found with name "Ghateh Sazan-e Mojarab" in 1997 with the aim of creating cutting-edge has been changed to TAM Co. in 1998.
Samand Investment Co. was established as a Corporation in 2004 with the purpose of the identification of investment opportunities, analysis and evaluation of the stock market and creating income for shareholders.
IRICO was established by Iran Khodro Investment Development Company in 2003 to manufacture railway rolling stock. IRICO produces metro wagon, rail bus, light rail vehicle and monorails. In March 2011, Tose-e-Tarabar Raili Iranian Co. acquired RICO from Iran Khodro.
Iran Khodro Diesel Company was established initially under the name of Khawar Industrial Group in early 1966. In 1999 Iran Khodro Company merged its bus and midi-bus production lines with Khawar Industrial Group truck production lines together and the new company Iran Khodro Diesel, public joint stock was established to manufacture different types of commercial vehicles for domestic and overseas markets. Iran Khodro Diesel Company exports its products to many countries.
{{cite web}}: CS1 maint: archived copy as title (link){{cite web}}: CS1 maint: archived copy as title (link)Km 14 Karaj Makhsoos Rd., Tehran, Iran. P.O.Box: 13895-111
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Media related toIran Khodro at Wikimedia Commons
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