Since the company’s initial articles of association defined its main activity as the production and assembly of buses and minibuses, the company was initially registered as “Iranian Bus Manufacturers’ Consortium Joint Stock Company” and engaged in the production of buses and minibuses. After the revolution, it changed its name to “Khodro Sazan” Company. In 1990, due to the purchase of a major share of the company by the Iran Khodro Investment Expansion Company, it changed its name to “Iran Khodro Axle Manufacturers’ Industrial Company” and became one of the subsidiaries of the Iran Khodro Industrial Group.
Short History
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