![\"\"](\"https:\/\/www.turkishnews.com\/en\/content\/wp-content\/uploads\/2010\/10\/khodro.jpg\")
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Iran Khodro, the country\u2019s largest carmaker, plans to discuss joint venture plans with Turkey after Malaysia pulled out of a project to build a car focused on Islamic buyers.<\/p>\n
\u201cAn economic and industrial delegation will come within two weeks to Iran to start initial negotiations,\u201d Mir Javad Soleimani, the company\u2019s deputy chief executive officer for quality and product development, said in an interview today. \u201cIf we reach an understanding we will begin producing an Islamic car.\u201d<\/p>\n
The possibility for cooperation was brought up by Turkey\u2019s industry minister during a recent visit by Iran\u2019s first vice- president, said Soleimani.<\/p>\n
The new automobile \u201cwill be a brand specifically for Muslim states,\u201d he said. \u201cWe will target their markets.\u201d He did not name the Turkish automobile company considering the project and declined to say how much investment was needed as talks are underway.<\/p>\n
Iran is part of the Developing Eight (D-8), a group of emerging countries with large Muslim populations that have formed an economic alliance.<\/p>\n
The Persian Gulf state initially sought to pursue a similar plan with Proton Holdings Bhd., Malaysia\u2019s state-controlled carmaker.<\/p>\n
\u201cProton pulled out and we are now looking into this with Turkey, which is interested,\u201d Soleimani said, without detailing the reason for the Malaysian company\u2019s decision.<\/p>\n
D-8 Members<\/p>\n
The D-8 is comprised of Bangladesh, Egypt, Malaysia, Iran, Indonesia, Nigeria, Pakistan and Turkey.<\/p>\n
Iran produced 1.39 million cars in 2009 including commercial vehicles, making it the world\u2019s 12th largest carmaker after Canada, Mexico, France and Spain, according to the International Organization of Motor Vehicle Manufacturers. China and Japan are the world\u2019s two largest car manufacturers, the Paris-based organization said on its website.<\/p>\n
Iran Khodro, which was founded in 1962, produced about 680,000 vehicles in the last Iranian calendar year that ended on March 20th.<\/p>\n
To contact the reporter on this story: Ladane Nasseri in Tehran at lnasseri@bloomberg.net.<\/p>\n
To contact the editor responsible for this story: Maher Chmaytelli at mchmaytelli@bloomberg.net<\/p>\n","protected":false},"excerpt":{"rendered":"
Iran Khodro, the country\u2019s largest carmaker, plans to discuss joint venture plans with Turkey after Malaysia pulled out of a project to build a car focused on Islamic buyers. \u201cAn economic and industrial delegation will come within two weeks to Iran to start initial negotiations,\u201d Mir Javad Soleimani, the company\u2019s deputy chief executive officer for […]<\/p>\n","protected":false},"author":83,"featured_media":23395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[3895,3897,3896,3898],"class_list":["post-23394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-turkey","tag-d8","tag-islamic-car","tag-khodro","tag-muslim-car"],"_links":{"self":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/23394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/comments?post=23394"}],"version-history":[{"count":0,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/23394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media\/23395"}],"wp:attachment":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media?parent=23394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/categories?post=23394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/tags?post=23394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}