Iran: Automakers might phase out Pride, Peugeot 405 in June

Financial Tribune – Automakers Iran Khodro (IKCO) and SAIPA are expected to end the production of two low-quality cars, Peugeot 405 and Pride, which have been made in Iran for decades.

“IKCO’s Peugeot 405 and SAIPA’s Pride will not be produced as of mid-June,” the national Traffic Police chief, General Kamal Hadianfar, said at a press conference on Tuesday, IRIB News reported.

Referring to the gradual process set in motion by SAIPA as Pride has five models, Seyyed Javad Soleimani, the company’s CEO, said, “We stopped manufacturing Pride models 132 and 111 in December 2019 and April respectively.”