Today: 11 August 2010
 
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Date: 6/9/2010      Time: 10:30
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Ties Up for Iran Khodro Diesel & Hyundai

Iran Khodro Diesel Co. (IKD) and South Korean Hyundai open a new chapter in industrial cooperation.

Referring to the bright outlook in IKD and Hyundai cooperation, Hashem Yekke Zare IKD CEO said, “Recently useful talks on broadening mutual cooperation between the two companies have been going on and we have reached initial agreements on producing new Hyundai light trucks in IKD.”
“Two thousand units of these light trucks are going to be produced in the first year and in the next step, we aim to hold 50 percent of its market share,” he added.
Yekke Zare finally stated that IKD has put new and fresh plans on agenda which is based on broadening cooperation with international reputable carmakers to add diversity to its products.
Iran Khodro Diesel is the biggest manufacturer of heavy and semi heavy vehicles with the production of 20,000 units per annum. Established in 1964, this company is one of IKCO subsidiaries, which produces commercial vehicles in cooperation with famous brands like Mercedes Benz and Hyundai and manufactures all kinds of trailers, trucks, vans, buses and minibuses.
 




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