The car company, known as Ikco Ball founded in Iran in 1962. This firm until 1980 was called Irannational. First Ikco producing cars and buses under the Mercedes-Benz product literature major German companies. So, in the seventies and eighties Ikco assists older brother Mercedes-Benz, producing minivans. In the nineties, the years rolled off the car, bearing a different name - Peugeot. In 1997 Ikco develops new model Peugeot - passenger cars in 1600 RD, and a year later made 405 Station.
At the beginning of the new century commercial operation introduces a new bus factory, which has estimated capacity - five and a half thousand cars per year. In the same year Ikco gets its new name - now it is called as the Iran Khodro Diesel Company. Now the company produces Hyundai vans, equipped with air conditioning, as well as vans and Sprinter Benz MB140 model. At the moment, the firm Ikco - the largest auto manufacturer in the Middle East.