IKAP

IKAP (Iran Khodro Automobiles Peugeot) is a joint venture 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 company was created to manufacture Peugeot products in Iran and export them to the Middle East and to serve as Peugeot's production hub in West Asia.[3] Initial products were Peugeot 2008, Peugeot 208, Peugeot 301 and Peugeot 508.

References

  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^