Azerbaijan and Iran will soon export cars to Russia, Ukraine and the CIS nations via a joint venture 'Khazar Car Factory, ' head of IKCO (Iran Khodro Co.) operations in Asia, Europe, America and Commonwealth of Independent States Sabina Nobari said.
She added that all the cars produced at Khazar factory are sold in Azerbaijan now.
"Iran Khodro and the Azerbaijani automotive company AzEuroCar LLC have manufactured over 300 units of family sedan model Dena in Azerbaijan since March," Trend cited Nobari as saying.
Khazar Car Factory is located in southeast Azerbaijan in the Neftchala Industrial District. In early April, the Azerbaijan-Iran automobile factory started production of the first cars. The factory produces cars under the brand name of Khazar, and a number of models of Peugeot and Renault will also be assembled there. The annual capacity of the factory is about 10,000 cars.
