IKCO exports 20,000 passenger cars

Iran Khodro Company (IKCO) says it has exported 20,000 passenger cars since the beginning of the Iranian calendar year (March 21, 2009).

The IKCO expects the number to reach 36,000 cars by March, 2010.

“IKCO has exported some 3,000 CKD cars in the same period that will increase to 4500 units by this March,” said Amir-Abbas Hosseini, IKCO Vice Deputy for Export Affairs.

The regional markets including Turkey, Iraq, Syria, Turkmenistan and Afghanistan, and the Commonwealth of Independent States (CIS) countries as well as Switzerland and Eastern Europe states such as Bulgaria are among the top markets of IKCO, he said.

“Samand, among IKCO products, holds the largest share of the export to the European and CIS countries,” said Hosseini.

Citing the cooperation with Peugeot and other partners, he said that IKCO plans to increase its profitability and expand product portfolios in its overseas sites.

In its latest report, IDRO Export and the International Cooperation Development office ranked IKCO as the exporting the most vehicles among IDRO subsidiaries in the first half of the year.