Iran-Khodro Unveils New Year Plan

President of Iran-Khodro Industrial Group said development of new Iranian cars, boost in global sales and customers’ satisfaction constitute the various parts of his group’s plan for this year, specially considering that it has been named as ‘The Year of National Production, and Protection of Iranian Capital and Work’.

Iran-Khodro CEO Javad Najmeddin also added protecting national production is considered as the main strategy to fight back international sanctions against Iran, and said, “We also need to move forward full-powered to improve domestic production and supply chain, leading us to the 100% design and development of car parts and components.”

Running up fuel efficient cars production, commitment to euro IV environmental standards and expansion of domestic and international markets are some of the other plans included in Iran-Khodro Company (IKCO)’s roadmap for this year.

Referring to the mass production of Runna and Dena sedans respectively by the end of the 1Q and the end of this Iranian year (March, 2013), the IKCO CEO hoped that with regard to his company’s focus on global sale development, IKCO would experience a tremendous jump in this field this year.

Najmeddin also outlined other new year’s plans as new Tondar pick-up production, whose contract has already been signed, and also XUM engine production, which is the optimized version of XU7 meeting Euro IV standard, and further emphasized new car development based on national platform development.

In the meantime, he referred to some of his company’s achievements last year and mentioned, “Last year, we were facing more severe international sanctions imposed on Iran’s industry, however, we could experience 20% production boost, making 775,000 various types of vehicles.”

As last year’s main achievements, the CEO referred to the production growth of TU5 and EF7 low consumption engines and explained, “The 72% and 25% production rise in Tondar 90 pick-up and commercial vehicles respectively and also exporting 200,000 vehicles could be considered as the company’s main objectives achieved last year.”