IKCo

Iran Khodro Corporation

Type	Public company
Traded as	: Iran Khodro(IKCO1) ISIN: IRO1IKCO0008
Industry	Automotive
Predecessor	Iran National
Founded	29 August 1962, Tehran
Founder	Khayami family
Headquarters	Tehran, Iran
Area served	List Iran, Russia, China, United Arab Emirates, Egypt, Iraq, Jordan, Armenia, Lebanon, Syria, Algeria, Belarus, Afghanistan, Venezuela, Bulgaria, Kazakhstan, Tajikistan, Turkmenistan, Tunisia, Senegal
Key people	Hashem Yekezareh (President and CEO) Hojatollah Seydi ((Chairman of the supervisory board)
Products	Automobiles Luxury Vehicles Commercial Vehicles Automotive parts
Services	Automotive finance Vehicle leasing Vehicle service
Revenue	US$ 12.8 billion (2011)
Operating income	US$ 1.03 billion (2011)
Total assets	US$ 32 billion (2011)
Number of employees	54,000 (2012)
Subsidiaries	List Transportation Iran Khodro Diesel Automotive Parts SAPCO Investment SAMAND Investment Other IASCO IPCO TAM Co.
Website	www.ikco.ir/en

Iran Khodro (Persian: ایران‌خودرو‎‎), branded as IKCO, is an Iranian multinational automaker headquartered in Tehran. The company's original name was Iran National. IKCO was founded in 1962 and it produced 688,000 passenger cars in 2009. IKCO manufactures vehicles, including Samand, Peugeot and Renault cars, and trucks, minibuses and buses.

Iran Khodro was founded by Ahmad Khayami, with registered in the capital of 100,000,000 Rls, on August 29 1962 Aliakbar Khayami, Ahmad Khayami, Mahmoud Khayami, Marzieh Khayami and Zahra Seyedy Dashty, in Ekbatan world in Tehran.

The word khodro (خودرو) means "automobile" in Persian, hence Iran Khodro means "Iran Automobile".

Iran Khodro Industrial Group (IKCOOS) is a public with the objective of creation and management of factories to manufacture various types of vehicles and parts as well as selling and exporting them. IKCOOS produces vehicles under 13 brand names.

The company has become the largest vehicle manufacturer in the Middle East, Central Asia and North Africa. In Iran, it is the largest vehicle manufacturing company, having an average share of 65 percent of domestic vehicle production.

In 1997, IKCO broke its own production record by producing 111,111 units of various passenger cars and vans. By 2006 Iran Khodro was producing 550,000 vehicles (for the Iranian year 1384, starting on 21 March 2006).

The opening of the country’s largest car assembly plant in Razavi Khorasan in July 2008 is expected to increase capacity with the ability to turn out 100,000 vehicles per annum by late 2009. However, it will not necessarily increase production.

Iran Khodro, the largest car manufacturer in the Middle East, produced 774,965 units of passenger cars and commercial vehicles in 2010 and aims to produce and market 850 thousand cars in 2011.

Iran Khodro has qualified for ISO 9001 from RW-TUV, Germany, as well as many other health, safety, and environment certificates including ISO 14001 and OHSAS 18001. The company has also obtained TÜV, TSE, GOST and some other important standard certification for its different productions.

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Wikipedia