Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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Iran-Khodro to Produce Peugeot Automobile

description

Iran-Khodro is set to begin production of the Peugeot 207i under license in Iran.  Peugeot will provide 50 percent of the costs associated with retooling production lines to mass produce the 207i.  Daily production capacity will be 200 units, subject to market demand. 
 
UPDATE: Iran-Khodro began production of the first 207i automobiles this week.  60 percent of parts for the automobile are manufactured locally.  Iran-Khodro said that 15,000 to 20,000 vehicles will be produced next year.  The vehicles will also be manufactured and sold abroad as part of the agreement with Peugeot.  Iran-Khodro plans to begin sales on March 21. 

  • Country: France
  • Client: Iran Khodro Company (IKCO)
  • Contractor: Peugeot

Status

  • Current Status:
  • Discussion Date: Mon, 2010-02-01
  • Contract Date:
  • Completion Date:

Citation

1. "Iran-Khodro to unveil Peugot 207i in February", Fars News Agency, 1 February 2010, available at http://english.farsnews.com/newstext.php?nn=8811111604.

2. "Iranian carmaker to unveil Peugeot 207i", Bernama, 20 February 2010, available at http://www.bernama.com/bernama/v5/newsworld.php?id=476741.

3. "Iran-Khodro to Manufacture Peugeot 207i Abroad", Fars News Agency, 26 February 2010, available at http://english.farsnews.com/newstext.php?nn=8812031712.

4. "Iran Unveiled Peugeot 207i", Moj News, 21 February 2010, available at http://www.mojnews.com/en/Miscellaneous/ViewContents.aspx?Contract=cms_C....

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