MNA Ex-Deputy Industry Minister Farshad Moghimi has been appointed as the new head of Iran-Khodro Company (IKCO). Moghimi has also been deputy head of Iran Small Industries and Industrial Parks Organization. He is to replace Hashem Yekke-Zare, the ex-CEO of IKCO, who was dismissed and arrested almost a week ago in his office upon an order by ...

Iran Khodro, the Middle Easts biggest carmaker, is in talks to establish a production factory in Oman with an eye on the marketin Africa and the subcontinent, media reports in the Arab sultanate say. They quoted Hashem Yekke-Zare, CEO and president of Iran Khodro Industrial Group (IKCO), as saying that Oman had asked the company to produce 15,000 ...

Iran Khodro is moving ahead with plans to team up with Japanese automaker Suzuki, according to a new report this week. The news released on Asre Khodro, a local automotive website, said IKCO has agreed with the Tokyo-based firm to begin an internal study to prepare the groundwork for cooperation. This latest news follows a press conference held ...

Iran Khodro and German automaker Mercedes-Benz will sign a deal soon for production of cars and commercial vehicles, the head of the leading Iranian vehicle manufacturer says. Hashem Yekke-Zare said Daimler AGs unit has decided to enter the Iranian market in full force after recent negotiations, adding it will re-open its office in Iran in the next ...