Pars Khodro

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Pars Khodro
Type Public
Traded as TSE: PKOD1
ISIN: IRO1PKOD0008
Industry Automotive
Founded 1967
Headquarters Tehran, Iran
Key people Nasser Agha Mohammadi
Products Automobiles
Engines
Website www.parskhodro.ir

Pars Khodro (Persian: پارس خودرو‎) is an Iranian automobile manufacturer. It was the first manufacturer of sport utility vehicles (SUVs) in Iran.

History

Sherkat-Sahami Shahbaz hardtop (CJ-5)

Formerly, Pars Khodro built American Motors' Rambler and General Motors (GM) products under licence. Its first cars, the Aria and the Shahin, were based on AMC's compact 1966 Rambler American and were launched in 1967. Production ended in 1974. It also built Jeep vehicles under licence. The company was called Sherkat-Sahami Jeep at that time.[1]

In June 1972, Sherkat-Sahami inked a deal with GM and formed General Motors Iran Ltd. GM Iran produced Opels under licence, using the Chevrolet brand. These models featured 2.5 and 2.8 litre engines. In addition, a Buick, Cadillac and Chevrolet (Nova) were built, along with a Chevrolet pick-up truck. The Jeep continued during this time. These were built until 1981, the Iranian Revolution forcing the cessation of their manufacture and links with GM.

Afterward, Pars Khodro switched to the manufacture of the Nissan Patrol under licence. The last Patrol was produced in 2002.

In 1997, it acquired an additional Renault 5 assembly line from SAIPA, a fellow Iranian manufacturer, which had been making the car since 1980 as a replacement for the Iranian-built Citroën Dyane. The Sepand I and II were versions of the original Renault 5.

In 2000, 51 per cent of Pars Khodro's shares were purchased by SAIPA, which in turn is 48 per cent owned by the Iranian Government.

Today's range

Today, Pars Khodro builds Renault and Nissan models under licence. Nissan models include the Maxima, Roniz (Xterra), Teana, Patrol, and Safari.

Pars Khodro's cars complement SAIPA's range of Kia and Renault licensed models.

Since 2006, Pars Khodro has begun manufacturing the Dacia Logan and Renault Megane under license.[2]

See also

  • List of Iranian cars

References

  1. ↑ Hersant, Jacques, ed. (September 1973). Le Salon de l'Auto 1973: Toutes les Voitures du Monde (in french) (Paris: l'Auto Journal) (14 & 15): 223. 
  2. ↑ First Logan manufactured in Iran, Payvand's Iran News
Companies listed on the Tehran Stock Exchange
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