IKAP (Iran Khodro Automobiles Peugeot) is a joint venture company between Iran Khodro and Stellantis, based in Tehran; it was established in 2016.[1] It produces some Peugeot models and imports other models in CBU for Iran market.[2] The purposes of creating this company are manufacturing new Peugeot products in Iran and exports them to the Middle East and then the creation of Peugeot's production hub in West Asia.[3] Products of this company in the first phase will be the Peugeot 2008, Peugeot 208, Peugeot 301 and Peugeot 508.

IKAP
Company typeJoint venture
IndustryAutomotive
Founded2016; 8 years ago (2016)
HeadquartersIran, Tehran
Area served
Worldwide
Key people
Ashkan Farbod (CEO)
Products
Services
Owners
Websitewww.ikco-peugeot.ir

References edit

  1. ^ "IKCO-Peugeot Joint Venture (IKAP) Starts Working". irankhodro.ir. Retrieved 22 June 2016.
  2. ^ "Competitive Advantages of IKAP Vehicles". ikco.ir. Retrieved 14 September 2016.
  3. ^ "Iran to be Peugeot's Manufacturing Hub in ME, Africa". iran-bn.com. Retrieved 16 September 2016.