Bahman group was founded in 1952 under the title of Iran Khalij Co. Joint Stock Company with initial capital of Rls 600,000 as a transportation operator and customs clearance agent and was registered in the bureau of company registration with no. 3939. As of 1959 the company started the assembly of Mazda three-wheel pick-up with the cargo capacity of 200 Kg and later the company increased range of products to Mazda 1000 with cargo capacity of 500 Kg and Mazda 1600 with cargo capacity of 1 Ton.

According to the decision made in the General Extraordinary Assembly of Shareholders the company changed name from Khalij Co. to Mazda Automobile manufacturing in Jun.7, 1971. later in Jun.27,1984 it changed name to Iran vanet Co.(private stock) and finally in Feb.24, 1992 it became a public stock company and entered Tehran Stock Exchange in Mar.9,1994

As of the beginning of Mar.1994 upon the privatization of the company, the activities of the company were considerably expanded to include production increase, designing and producing double cabin pick-up and ambulance model 1600 and the production of ambulance with 2000 cc engine displacement.

Finally The decision made in the General Extraordinary Assembly of Shareholders for changing articles of association on July.19, 1999 marked a turning point in the history of company and by changing name to Bahman Group as a holding company its activities were expanded to include the production of pick up with injection system, Mazda passenger car model F 323and GLX 323, production of various chassis beam and mobile chassis, production of iron cast parts and also carrying out commercial and investment activities.

After changing the name to Bahman Group and modifying the subject of activities, Iran Vanet Co., continued activities exclusively in the production of vehicles under the name of Bahgman Motor Center. This company is currently active in the production of the following products,

- Single and double cabin Mazda pick-up model 2000

- Mazda passenger car model 323

- Mitsubishi Pajero with 3500cc engine displacement

- 11 passenger multipurpose van

- Ambulance

- 4x2 and 4x4 Capra double cabin pick up

- Mazda 3 passenger car

It is also worth mentioning that the project for the building and optemisation of paint shop and also the installation of conveyors in the production line are among the most important activities of Bahman Motor Centre.