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Car Industry Archives - Iran News Daily
Joint Car Production Helps Unifying ECO Members 26 Jul 2020

Joint Car Production Helps Unifying ECO Members

The joint production of a new automobile under the brand name ECO, at Iran’s proposal, by the member states of the Economic Cooperation Organization (ECO) could prepare the ground for greater unity and cooperation in the bloc.

IRGC: Aerospace Force Ready to Aid Car Industry 29 Jun 2020

IRGC: Aerospace Force Ready to Aid Car Industry

IRGC Aerospace Force said the force can provide Iranian automakers with advanced technologies so that they can overcome their shortcomings and reduce their reliance on foreign firms.

Iran to mass produce fully homemade car in 2021 19 May 2020

Iran to mass produce fully homemade car in 2021

The mass production for its fully homemade car will begin early next year amid efforts to make the automotive industry in the country less vulnerable to foreign sanctions.

Industry Minister Dismissed after Soaring Car Prices 12 May 2020

Industry Minister Dismissed after Soaring Car Prices

Iran President dismissed the minister of industry and assigned a caretaker to the ministry to handle the situation in the domestic car prices.

€150mn compensation received from Peugeot 15 Jul 2019

€150mn compensation received from Peugeot

CEO of IKCO Hashem Yeke Zare announced on Monday that the Iranian giant car-manufacturer has received €150 miilion compensation from the French Peugeot in the past five years.

Iran-Azerbaijan joint car factory plans to export products to Russia, Georgia 20 Oct 2018

Iran-Azerbaijan joint car factory plans to export products to Russia, Georgia

 Khazar Car Factory, a joint venture between Iran Khodro and the Azeri automotive company AzEuroCar LLC, plans to offer its products in Russian and Georgian markets, Azerbaijan’s Deputy Minister of Economy and Industry Niyazi Safarov said. According to Safarov, talks are underway to export Khazar cars to Russia and Georgia and the capacities of both […]