Bloomberg News

Iran Khodro Plans to Manufacture 30,000 Cars in Iraq This Year

May 15, 2012

Iran Khodro Co., the country’s largest carmaker, said it plans to manufacture 30,000 cars, mostly the Samand sedan, at a production site in neighboring Iraq this year.

The company is delivering components to its Iraq plant for assembly, Iran Khodro said in an e-mailed statement today. Operations at the Iraq plant, which has received investment from a local partner, started in 2011, the company said, without giving details about the partnership or the location.

To contact the reporter on this story: Ladane Nasseri in Dubai at lnasseri@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


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