Iran Khodro to manufacture 345,000 vehicles by the Iranian year’s end
Iran’s Khodro auto manufacturing company will produce 345,000 cars over the course of this Iranian year, a 50 percent increase compared with last year, reported Al-Wefaq. Iran Khodro’s General Director stated that the company’s car manufacturing capacity will reach 450,000 units by the end of 2002.
Iran Khodro is the biggest automobile manufacturing plant in Iran. It was established in 1962 and began assembling the Paykan model followed by the production of Mercedes Benz Bus 302 and Minibus 309 as well as Paykan Pick up.
With a marketshare of over 60 per cent of Iran’s car consumption, Iran Khodro currently produces the Peugeot 206, Peugeot 405 and Peugeot Persia models. The company is also a leading maker of commercial vehicles and has contracts with Daimler Chrysler to manufacture Mercedes Benz trucks and buses, and Korean Hyundai Motors for manufacturing buses for the local market. — (menareport.com)
© 2002 Mena Report (www.menareport.com)