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Content<br />

<strong>IKCO</strong> at a Glance 5<br />

Multi-brand vehicles 7<br />

<strong>IKCO</strong> Brand 9<br />

Production Trends 11<br />

Overseas Sites 13<br />

Export Performance 17<br />

Sales and after Sales Services Network 19


16 th automaker in the world in 2009<br />

Biggest carmaker in MENA<br />

Sales in more than 30 countries<br />

Production operation in 6 countries located in CIS, MENA, South America & West Africa<br />

Global carmakers’ partner<br />

One of the world pioneers in CNG-base engine production<br />

Market leader in Iran car market<br />

Iran largest company<br />

Registered Capital: 670 million dollars<br />

Production Volume: 680,000 units (2010)<br />

Sales Amount: 83,611 million dollars (2010)<br />

2 3


Paykan production, 1967<br />

<strong>IKCO</strong> at a Glance<br />

Iran Khodro Co. (<strong>IKCO</strong>) was founded in 1962, with the name of Iran National. Over the years,<br />

<strong>IKCO</strong> has developed its capabilities and become the biggest industrial group in MENA region<br />

that performs industrial and service activities in the automotive sector in both passenger cars<br />

and commercial vehicles with 1,000,000 units of production capacity & employing about 21<br />

thousand people.<br />

Determined to be a world-class car manufacturer, <strong>IKCO</strong> founded its own R&D, engine development,<br />

and test centers, together with latest technology of production machinery, equipment<br />

and facilities, which were established in cooperation with European leading countries in Automotive<br />

industry including Germany and France.<br />

With the aim of global market presence and developing an international brand approach, export<br />

has been considered as the main policy of <strong>IKCO</strong>. Since 2002 the policy plays a key role<br />

in capturing global market share by the company.<br />

4 5


Passenger Car<br />

Multi-brands vehicles<br />

In sector of passenger cars, in order to take advantage of working with world-class car manufacturers<br />

and to diversify company resources into different segments of the markets, <strong>IKCO</strong><br />

has developed strategic partnerships with global leading carmakers (Mercedes-Benz, PSA,<br />

Renault and Suzuki). Furthermore, <strong>IKCO</strong> has built up its own brands, which have been started<br />

by SAMAND, continued with RUNNA and developed through in progress concepts.<br />

<strong>IKCO</strong> has gained a new status among other auto makers for the technological development of<br />

its production lines and has met global standard in its robots and press, paint and body shops.<br />

Relying on these new capabilities and applying the full-fledged of its subsidiaries, <strong>IKCO</strong> has<br />

turned out as a known brand in international arena and by attending in universal rankings it is<br />

overvalued day in, day out.<br />

6 7


CENTAURO (SAMAND), Venezuela<br />

<strong>IKCO</strong> Brands<br />

Brands should be world brands to stay afloat. While <strong>IKCO</strong> has cooperated with other automakers<br />

and achieved joint projects in different sections, it has struggled to introduce its own<br />

brand in competitive world markets. Hence, <strong>IKCO</strong> put the production of its own products in<br />

agenda since 10 years ago. SAMAND’s birth was the first fruition of this endeavor.<br />

Carrying the title of first Iranian national car, SAMAND promised a new bright era for Iran auto<br />

industry in which assembling was left behind. SAMAND and its new versions, SOREN and<br />

SARIR penetrated through the world markets in no time and firmed their status among other<br />

overseas products gradually.<br />

After SAMAND, <strong>IKCO</strong> has started a new brand named RUNNA which is titled as the Iranian<br />

second national car.<br />

8 9


Production Trend<br />

Since the global demand for new car products has gone up, <strong>IKCO</strong> has made up its mind to<br />

revolutionize its production rate. That is why; <strong>IKCO</strong> production trend is taking a continuous<br />

growth in recent years. Consequently, <strong>IKCO</strong> has aimed both domestic and international markets<br />

for sales distribution.<br />

Production Volume-Thousand Growth Rate<br />

10 11


Belarus Site, 2006<br />

Overseas Sites<br />

Presence in global market and capturing a market share has today become a necessity for<br />

business corporations and their visions is shifting from local company to the regional or global<br />

company.<br />

Determined to be a global company and develop and promote the national brand of SAMAND<br />

in the international market, <strong>IKCO</strong> has aimed to build up and develop its position in the international<br />

level. Establishment of overseas production sites in Syria, Belarus, Azerbaijan, Senegal,<br />

Egypt and Venezuela was a brave action toward this goal.<br />

Belarus: UNISON Production Site<br />

The first phase of Unison factory development started in Year 2006 with the investment of the<br />

government sector (26%) and private sector (74%) for the production of LX SAMAND with annual<br />

capacity of 2500 cars. The commercialization of production line has been operated at the<br />

end of year 2006. The factory has been located in Minsk on an area of 250,000 m2.<br />

Syria: SIAMCO production site<br />

SIAMCO factory with its production capacity of 30,000 units is the first car-manufacturing<br />

factory in Syria and is built on an area of 180,000 m2 in Adra Industrial Town 40 kilometers<br />

12 13


SAMAND,Turkey<br />

distant from Damascus. The factory was established in March 2005 with the investment of<br />

<strong>IKCO</strong> Company (40%) and the Ministry of Industry and private sector of Syria (60% together)<br />

and the commercialization of production has been started in March 2007. Currently, SIAMCO<br />

produces SHAM SAMAND and based on its production plan, Soren and SAMAND LX will be<br />

produce in next step.<br />

Venezuela: VENIRAN Auto Production Site<br />

This factory was established through the investment of government sector of Venezuela<br />

(49%), Iranian Industries Development and Renovation Organization (25%), <strong>IKCO</strong> (13%) and<br />

SAIPA (13%). The factory is constructed on an area of about 1,000,000 m2. The annual production<br />

capacity of SAMAND is 16,500 units. The factory has been developed with assembly<br />

shop, body shop and paint shop. At present Veniran Auto produces SAMAND cars.<br />

Azerbaijan: AZ SAMAND Production Site<br />

Az SAMAND Production site was established in 2006 as a result of cooperation between<br />

<strong>IKCO</strong> and private sector in Azerbaijan based on license agreement. The factory is operating<br />

with an annual production capacity of 6000 units. At present, Az SAMAND factory produces<br />

SAMAND LX and in the next step of production development, SAMAND EL and Soren cars<br />

will be assembled.<br />

Senegal: SENIRAN Production Site<br />

Establishment of SAMAND production line in Senegal was a project carried out as a joint venture<br />

of <strong>IKCO</strong> and the government sector of Senegal and the share of <strong>IKCO</strong> in the investment<br />

is 60%. The production capacity of this site is 15000 units per year and operating since 2007.<br />

14 15


SOREN, Azerbaijan<br />

Export Performance<br />

Since 2003 <strong>IKCO</strong> has exported passenger car to more than 30 countries mainly located in<br />

CIS, Middle East, North Africa and East Europe regions. Capital as <strong>IKCO</strong>’s brand has been<br />

warmly welcomed by markets such as Russia, Syria, Turkey, Iraq, Lebanon and …<br />

Export of parts and casting parts is among other major export activities of <strong>IKCO</strong>. Exports<br />

growth during the recent years is another sign of movement of the Company in the path of<br />

internationalization & its promotion as a regional company & even an international entity.<br />

<strong>IKCO</strong> Auto Show in Turkey, 2008<br />

16 17


<strong>IKCO</strong> Agent, Bulgaria<br />

SIAMCO, Syria<br />

Sales and after Sales Services Network<br />

In order to provide after sales services in the export countries and give support to <strong>IKCO</strong> customers,<br />

<strong>IKCO</strong> is currently running 166 outlets in its distribution network.<br />

To assure the quality of sales and after sales services in the network, <strong>IKCO</strong> has designed and<br />

executed the Silver Style Standard which includes all standards and procedures needed to<br />

provide customer services. Based on this standard, <strong>IKCO</strong> dealers follow a unique pattern in<br />

design of their structure and services.<br />

Also, technical instructions for initial and periodical services have been reviewed and revised<br />

to comply with the client conditions of different export countries.<br />

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