Iran Khodro announces online auction for vehicles and equipment

The Iran Khodro Industrial Group has announced an online auction for various vehicles and light and heavy technical equipment. The auction, managed through its subsidiary ISICO, is scheduled to begin at 8:30 AM on Saturday, November 7, 2026, with the bidding period closing at 3:00 PM on Tuesday, November 10, 2026.

Prospective bidders must register on the company's online sales system and upload the required documentation. A deposit of 50 million tomans per vehicle is required via the system's banking gateway. Participants are permitted to visit the vehicles in person before submitting their online price proposals, and they have the option to increase their bids until the deadline.