In 1972, ParsKhodro renamed itself Iran General Motors after becoming part of GM, and switched to producing Opels under licence, using the Chevrolet brand.
Afterward, ParsKhodro switched to the manufacture of the Nissan Patrol under licence.
In 2000, 51 per cent of ParsKhodro's shares were purchased by SAIPA, which in turn is 48 per cent owned by the Iranian Government.
It quoted Ahmed Ghorashi, chief negotiator for ParsKhodro, saying that Fiat, which is interested in assembling the Palio in Iran, had proposed taking an initial 20 per cent stake when the company is privatised next month.
ParsKhodro, which was originally owned by General Motors of the US before the 1979 Islamic revolution, was said to be suggesting that Fiat joins in a consortium with Iranian investors and possibly taking a majority stake later.
ParsKhodro is aiming to produce some 20,000 vehicles this year, mostly the four-wheel drive Nissan Patrol and an Iranian version of the Renault 5.
But ParsKhodro has suggested that Fiat join in a consortium with Iranian investors that would buy at least 85 per cent of the company, with Fiat possibly taking a majority stake later.
ParsKhodro aims to produce about 20,000 vehicles this year, mostly the four-wheel drive Nissan Patrol and an Iranian version of the Renault 5.
Akbar Turkan, IDRO managing director, said Volkswagen was holding talks with ParsKhodro on assembling the Skoda in Iran in a three-way exchange of components that would also involve Volkswagen plants in Bosnia and the Czech Republic.
During the said period, 22.5 million tons of goods worth $12.2 billion were imported to the country, showing an increase of 12.5% and 21.4% in terms of weight and value, respectively, compared to the same period the year before.
Three new products of ParsKhodro will be entering the market by the end of 1380 (ending 20 March 2002).
The report further announced that ParsKhodro’s sales for the first 10 months of 1380 totaled Rls600 billion ($75 million), showing an increase of 20% compared to the Rls500 billion ($62.5 million) total sales of the year before and a growth of 50% compared to the same period the year before.
Iran sells off 85% of carmaker(Site not responding. Last check: 2007-10-14)
"Legally speaking ParsKhodro was privatised but practically speaking the government remains in control," one industry executive commented.
Iran Khodro, the largest domestic vehicle-maker, assembles the Peugeot 405 under licence and will produce the 206 next year.
To this end Italy's Fiat had been negotiating with ParsKhodro to assemble the Palio, while Volkswagen of Germany was in talks to produce the Skoda in a three-way arrangement with its plants in Bosnia and the CzechRepublic.
Automobile Technology (English)(Site not responding. Last check: 2007-10-14)
In the same year, two models of American "Rambler" cars locally called "Aria" and "Shahin" were produced by ParsKhodro, however, one year later, in 1968, a model of French Citroen named "Dyane" was offered by SAIPA company to the national market.
The top 20 car maker you've never heard of : just-auto.com Feature(Site not responding. Last check: 2007-10-14)
Iran Khodro is, as you might have now worked out, the largest carmaker in Iran.
The demand was so high a few years ago that buyers often sold their vehicles as soon as they received them, such was the premium they could receive.
Iran Khodro shipped a few hundred cars up to Turkmenistan recently, as part of an initial sales contract.
www.autopolis.com /timeout/Ikco.htm (1553 words)
NEWS(Site not responding. Last check: 2007-10-14)
This is the first time Iran Khodro displays new Peugeot RD as well as 206 SD in a foreign exhibition.
Surprised by Iran Khodro advancement in vehicle development and production, the Syrian transportation minister Yareb Bader paid a visit to IKCO stand, and said, "Our government and people hope Samand production plan to be fulfilled as soon as possible."
Iran Khodro, Syrian private sector, and the country's government have signed an agreement to establish Samand production line in Damascus suburbs.
Ardebil is famous for its mosaics and also for an artistic brand of nickel cutting.
TEHRAN – Managing director of ParsKhodro Co. said Wednesday that the company’s sedan production capacity has surged to 160,000 cars a year.
ParsKhodro, which has recently signed a contract over setting up a new line for assembling Renault’s top-seller model Megane in Iran, is also the company in charge of producing the first series of L90 cars.
Iran Khodro Investment Development Co.(Site not responding. Last check: 2007-10-14)
The year 1960 was the starting point to locally manufacture the first class of passenger cars with the foundation of industrial company of Saika in Ab-Ali Road to produce Fiat 1100 licensed by Italian Fiat.
During the years 1966 and 1967 two new manufacturing entities emerged as Iran National Co. (Iran Khodro) manufacturer of Paykan and Saipa Co. manufacturer of Jian car.
Iran Khodro also had Paykan pickup truck along with Paykan passenger car in its line of production.
www.ikido.org /En/Paper.shtm (438 words)
RENAULT: Renault and Pars Khodro sign an agreement to produce and market... | Renault, Pars Khodro, Renault Megane, ...(Site not responding. Last check: 2007-10-14)
Renault and ParsKhodro (Saipa group) have signed an agreement for the assembly and sale of the Renault Mégane sedan in Iran from mid-2006.
Installed capacity for this car at the ParsKhodro plant in Teheran will be 15,000 vehicles by 2008.
Based in Teheran, RenaultPars is 51% owned by Renault and 49% by AIDCO, a conglomerate formed by the Industrial Development & Renovation Organization (IDRO) and the two leading Iranian automotive manufacturers, Iran Khodro and Saipa.
TEHRAN, June 30 (MNA) -- The new Renault Megan of the ParsKhodro Company (PKCO) was unveiled in a ceremony earlier this week attended by senior managers of RenaultPars, authorized dealers, and PKCO representatives.
Mass production is to kick off on October 22, and up to 3,000 units will be introduced to the market by late March 2007.
Presale registration for purchase of this 5.7 liter/100km gas miser will commence at authorized offices nationwide in July.
Industrial Development and Renovation Organization Of Iran ( IDRO )(Site not responding. Last check: 2007-10-14)
After several months of debates threats and preconditions the first Iran made L90 car has finally been completed at parsKhodro Company an affiliate of the major carmaker Saipa which together with the Middle East s largest auto manufacturer Iran khodro will produce the budget sedan in cooperation with France s auto giant Renault.
According to Fars news agency under Renault s quality control regulations various technical tests have to be conducted in the next three weeks before the car goes into mass production.
Last month Renaultpars Company a joint venture between Renault and the two major Iranian carmakers Iran Khodro and Saipa for the production of L90 budget cars confirmed reports by Iranian authorities all their conditions in the multibillion-euro project.
Customers List-Eshareh Marketing and Media Research Co.(Site not responding. Last check: 2007-10-14)
-Iran khodro company, Car spare parts producer and related industries
-Iran Khodro Industry Development company, Car spare parts producer and related industries
-Taamin Investment group, The management council of Alvand, Niloo, Alborz, Saadi, Pars, Pars ceram, Golsar Fars tile, ceramic, porcelain producer companies
