IKCO to sign deal with Italian-German car-designer

Young journalists club

News ID: 7698
Iran » Iran
Publish Date: 20:51 - 12 February 2017
CEO of Iranian largest public-run auto-manufacturer (IKCO) Hashem Yekeh-Zareh said that the corporation is going to sign a deal with an Italian-German auto-designer company by next month.
IKCO to sign deal with Italian-German car-designer"The agreement will be signed for production of home-made platform as well as car parts, including engine, gearbox and axle.

The agreement includes complete chain of platform production, transfer of its know-how to Iran and indigenizing the product inside Iran, he said, adding this is the most important deal for production of home-made platform throughout history of Iranian auto industry.

Yekeh-Zareh added that Iran should rank 5th in Asia in terms of auto-manufacturing by 2026.

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