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| Type | Public |
|---|---|
| Founded | 1962 by Ahmad Khayami and Mahmoud Khayami |
| Headquarters |  Tehran, Iran |
| Key people | Dr. Manouchehr Manteghi CEO |
| Industry | Automotive |
| Products | Automobiles Trucks |
| Revenue | ▲ USD $7.2 billion (2005) |
| Net income | ▲ USD $560 million (2005) |
| Employees | 58,000 (2005) |
| Website | www.ikco.com |
IKCO or Iran Khodro Company (or Iran Khodro Industrial Group) is the largest autoproducer of Iran. Founded in 1962 by two brothers, Ahmad and Mahmoud Khayami, the company's old name was Iran National.
Contents |
History
Iran Khodro was founded with registered capital of 100,000,000 Rls. on 18 Aug 1962 by Mr. Aliakbar Khayami, Mr. Ahmad Khayami, Mr. Mahmoud Khayami, Mrs. Marzieh Khayami, and Mrs. Zahra Seyedi Rashti in Ekbatan Street in Tehran. Iran Khodro (IKCO) is a public joint 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. Now, after 45 years, we continue to design and manufacture automobiles and buses as the largest vehicle manufacturer in the Middle East, and try to supply for domestic demand, penetrate into global markets, go deeper into locally part manufacturing, and eventually, to help realize the high objectives of the Islamic Republic of Iran.
Iran Khodro is the largest vehicle manufacturing company in Iran, having an average share of 65 percent of domestic vehicle production. In 1997, IKCO broke the production record in the 30-year history of the company by producing 111,111 units of various passenger cars and vans. Now, Iran Khodro produces 550,000 vehicles for the Iranian year 1384 (starting on 21 March 2006). Furthermore, the company was able to improve the quantity and quality of its products remarkably. Iran Khodro has received ISO 9001 from RW-TUV, Germany, as well as many other health, safety, and environment certificates including ISO 14001 and OHSAS 18001. Iran Khodro produces Iran's first national car, the Samand, which is based on the Peugeot 405 platform. The firm has a long-term relationship with PSA Peugeot Citroën, and assembles a number of Peugeot models under licence from the French firm. It also makes trucks and buses under license from Mercedes-Benz.
For more than 3 decades, Iran Khodro produced the Paykan (a version developed by Rootes Group's Hillman Hunter). Paykan's production was discontinued in 2005, almost thirty years after the end of Hillman Hunter production in Britain. A pick-up version is still in production. [1]
In a joint-venture with Daimler AG, Iran Khodro is soon to start production of sophisticated 900-class Mercedes-Benz engines; Daimler stresses that the company will export Iran-made engines to Germany. [1] [2]
Current passenger car range
- Samand; the "Iranian national car". Codenamed X7 during development, and based on the 405 platform.
- Samand LX; a modified version of the basic Samand with better equipment and better outlook
- Samand Sarir; a longer bodied Samand with enhanced equipment. (unveiled in 2006)
- Samand Soren a new model of Samand (unveiled in 2008)
- Peugeot 206; a saloon version of the 206, the Peugeot 206 SD has also been recently co-developed with Peugeot.
- Peugeot 405; available in saloon trims GLi and GLX and estate trim GLX.
- Peugeot Pars; initially called the Peugeot Persia. Changes include a redesigned front and modernised rear.
- Peugeot RD; chassis and drivetrain are similar to the older Paykan but the outer body shell and appearance resemble a 405.
- Peugeot 407; in the first step it will be completely imported.
- Suzuki Grand Vitara;
- Dacia Logan; Both IKCO and SAIPA produce the car as "Tondar90" (-->renamed in Iran)
- Peugeot ROA; modified version of Peugeot RD.
- Mercedes Benz E-class[2]
| Manufacturer | Iran Khodro |
|---|---|
| Production | 2003-2004 |
| Class | Large family car |
| Body style(s) | 4-door sedan |
| Platform | FF |
| Engine(s) | 1.8 L 16v XU7JP4 (LFY/L4) I4 |
| Related | Peugeot Pars Peugeot 406 Citroën Xantia |
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| Manufacturer | Iran Khodro |
|---|---|
| Production | 2004 - now |
| Class | Large family car |
| Body style(s) | 4-door sedan |
| Platform | FF |
| Engine(s) | 1.8 L 16v XU7JP4 (LFY/L4) I4 |
| Related | Peugeot Pars 16V Peugeot 406 Citroën Xantia |
Market
Carmakers have come to realise the importance of external markets and are seeking export opportunities both for CBUs and CKD kits supplied to assembly lines, mostly for Iran Khodro’s Samand model, which is assembled from at least 80% Iranian-made parts. The opening of the country’s largest car assembly plant in Khorassan in July 2008 will increase automotive capacity with the ability to turn out 100,000 vehicles per annum by end- 2008/09, However, it will not necessarily increase production. Export opportunities are restricted to relatively low volumes. Nevertheless, they should help push up output to 1.13mn units by 2012.[3]
Future passenger cars
10 Year strategic plan Automotive manufacturer in the world class Developing strategic union and partnership in investment with global automotive market leaders Capable of competition with emerging car producers in the region via designing and developing various products The most suitable automotive industry station in the region for extension of investment in the related scopes Global partnership
7 year strategic plan Become a car manufacturer Return and sustain the position of the largest vehicle manufacturer in the region Competition advantages in product design and development Continuous improvement in productivity, quality and technology Developing domestic suppliers and manufacturing stations Acquisition and develop the manufacturing capabilities in product’s design, development and production
Heading of Strategies of Iran Khodro Industrial Group Product’s development and variation strategies Export marketing and global competitive strategies Constitution, production and supply chain collections strategies Research, development and innovation strategies Quality advancement strategies Manpower strategies Electromotive force fuel, environment, safety and Industrial health Purposive cost Management strategies Communication development and Information technology strategies Financial and investment strategies
Mass objectives of Iran khodro company in 2007 Preservation and development of domestic market share Export increment Customer satisfaction indicative increase Share profit rate increm
In July 2008 Iran Khodro's CEO Manouchehr Manteqi announced the Iranian auto giant's goal of designing and mass producing more national cars, in the upcoming years.
Models currently under development:
- second national car codenamed X12
- popular car for Islamic countries
- new Soren with a new engine (EF7)
- two sedans currently under joint development with French Auto-maker Peugeot
These models are said to be marketed by 2009-2010.
In October 2008 IKCO announced that it would start producing a car specially designed for women, though no date was given for its availability.[4]
In 2010 Iran Khodro is going to unveil and produce:
- a new van
- a new model of Samand
In 2011/2012 IKCO is going to unveil and produce:
- a second new van (heavy)
- a new model of Samand with IKCO's first Diesel-engine
- Peugeot 405 with IKCO's first Diesel-engine
- IKCO's first Lux-Class car