Complex Made Simple

Iran Khodro Co to boost production

Iran-Khodro Co (IKCO) plans to boost its annual production to over 1 million cars by 2014, as part of the company's grand strategic plan. The plan also includes increasing this figure to over 1.5 million by 2025 and exporting 16% and 30% of that figure respectively. The company also aims to design and develop at least five new products including M59 van, Runna, NX7, NX8 and Samand pickup on improved platforms by 2014.