By John Lee.
Iran Khodro (IKCO) and the German automotive parts manufacturer Mahle GmbH have signed a deal for joint design and manufacture of a three-cylinder car engine.
Under the deal, worth around 125 million euros, three-cylinder engines with power output of 120-160 HP and fuel consumption of 4.7 litres per 100 kilometers will be manufactured jointly.
With a fuel consumption of 4 L/100 KM, the engines will comply with the Euro 6 standard.
IKCO CEO Hashem Yekehzare (pictured) said “the design will take 30 to 33 months and the pre-production phase will come next, following which 350,000 powertrains will be mass produced annually.”