Auto-Parts Manufacture’s Road map & IKCO supports for them in the agreement with Peugeot France
CEO of IKCO expressed that: in the agreement with Peugeot achieving 40 percent of localized parts in the first year and 70 percent by the end of the fourth year has been targeted which we insist on the implementation of the provisions of the contract and we will stand firm on our position. We must step on a path that simultaneously beholds provisioning the agreement with Peugeot, and also the domestic auto-parts manufactures by using new technology developed their abilities and have the potential to export their products in Peugeot worldwide market. The small size auto-parts manufactures also should raise their technology level and their capacity in order to survive in the market. We consider the auto-parts manufactures as IKCO family and we support them to promote and develop.