Turkey: IKCO, local firm to jointly produce vehicles

Iranian vehicle manufacturer Iran Khodro (IKCO) and Turkey's Hema Endüstri have signed a memorandum of understanding to jointly produce a car in Turkey. A statement issued by the Foreign Economics Relations Board (DEİK) said that in the first phase of the project, the joint venture will produce cars and LCVs, according Subscribe to Automotive World … Continued

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• February 23, 2011