IKAP

IKAP
Type	Private Joint venture
Industry	Automotive
Founded	2016
Founder	Peugeot, Iran Khodro
Headquarters	Iran, Tehran
Area served	Worldwide
Key people	Mohammad Reza Mo'tamed (CEO)
Products	Automobiles; Luxury Vehicles; Commercial Vehicles; Automotive parts;
Services	Automotive finance; Vehicle leasing; Vehicle service;
Parent	Peugeot 50%, Iran Khodro 50%
Website	ikco-peugeot.ir/

IKAP (Iran Khodro Automobiles Peugeot) is a 50-50 Joint venture company between Peugeot and Iran Khodro, based in Tehran and established in 2016.^[1] it produces some Peugeot models and imports other models in CBU for Iran market.^[2] The purposes of creating this company are manufacturing new Peugeot products in Iran and exports to Middle East and then creation of Peugeot's production hub in West Asia.^[3] Products of this company in the first phase will be Peugeot 2008, Peugeot 208, Peugeot 301 and Peugeot 508.

References

↑ "IKCO-Peugeot Joint Venture (IKAP) Starts Working". irankhodro.ir. Retrieved 22 June 2016.
↑ "Competitive Advantages of IKAP Vehicles". ikco.ir. Retrieved 14 September 2016.
↑ "Iran to be Peugeot's Manufacturing Hub in ME, Africa". iran-bn.com. Retrieved 16 September 2016.

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[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.