Friday 29 March 2024
 
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Khodro

Khodro, Fiat to set up joint firm in Iran

Leading Iranian vehicle manufacturer Iran Khodro Company (IKCO) and Fiat plan to set up a joint company in Iran, a senior official said in a report. The automobiles produced by the Italian firm can compete with Peugeot and Volkswa

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Khodro, Fiat to set up joint firm in Iran

Leading Iranian vehicle manufacturer Iran Khodro Company (IKCO) and Fiat plan to set up a joint company in Iran, a senior official said in a report. The automobiles produced by the Italian firm can compete with Peugeot and Volkswa

More…

Oman fund, Khodro sign $200m auto venture MoU

An Omani sovereign wealth fund has signed an understanding with Iran's biggest auto maker, Iran Khodro Industrial Group, to study a proposal for a $200 million auto plant in Oman, a fund official said on Wednesday. The memoran

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Iran sells $430m stake in Khodro

Iran's government has sold an 18 per cent stake in Iran Khodro, the Middle East's biggest carmaker, for the equivalent of about $430 million, said a senior Tehran Stock Exchange official. The offering by Privatisation Organisation

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Iran replaces head of its largest car maker

Iran has replaced the head of partly state-owned Iran Khodro, the Middle East's largest car maker which has a joint venture with France's Renault, Iranian media reported on Tuesday. The reports carried by several newspapers did not

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China's Chery to form $370m Iran car venture

Chery Automobile Co, a mid-sized but fast-growing Chinese car maker, has agreed to set up a $370 million assembly plant in Iran with two foreign partners, targeting Iran and neighbouring markets. Chery will hold 30 per cent in the venture,

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