(MENAFN) The largest car manufacturing company in the Middle-East, Iran-Khodro Company (IKCO), has launched produced TU3 engines for its Peugeot 206 type 2 cars, the company said, Fars News reported.
IKO CEO and President Hashem Yekehzare said that, 'According to the plan, IKCO will develop a totally new car and a facelift every six months and a new engine every three years, starting next October.'
He added that the production of a platform based on IKCO engines is our agenda, and he showed that the company will introduce a new platform that will suit C and D segment cars in two years from now.
The CEO said that 'We are no more concerned about volume and we will be focused on quality, export, after-sales service and car development this year', referring to the investment growth in auto part making industries and the improvement in employment in IKCO's 800 auto part makers.
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