|Iran Khodro introduces new CEO||
TEHRAN – Hashem Yekkeh Zare’ has been appointed as the new CEO of Iran’s carmaker Iran Khodro Company (IKCO). He replaced Javad Najmeddin.
IKCO (public joint stock) was founded in August 1962. The role of IKCO in boosting car production volume in the country was quite tangible in 2009. Focus on global sales led to a 40% growth in IKCO car export through IKCO network. Meanwhile, Iran Khodro has designed and prototyped a car that enjoyed nanotechnology.
Production of 755,555 cars in 2010 was a new record for IKCO in the region, which counted for almost 50% share of the market.
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