Iranian, Russian automotive firms sign $700 mln worth of MoUs
Iranian automotive companies and their counterparts in Russia have signed some $700 million worth of deals to expand their cooperation at a…
Tag Archives: Iran’s Saipa car manufacture
Iranian companies to attend Moscow fair to export autos, car parts
Iran’s Ambassador to Russia said that big Iranian automakers and over 50 car parts manufacturers will attend MIMS Automobility Moscow 2022 to…
Iran Khodro says prioritizing exports to Russia
Iran Khodro, the Middle East’s leading automaker, is eyeing Russia’s large market which the Europeans have abandoned amid the raging Ukraine conflict.…
Car output at Iran’s main plants up 11.2% y/y in June quarter
Car output at the three main Iranian automotive companies rose by over 11% in the three months to late June. A Thursday…
Iranian government to sell shares in large domestic carmakers
The Iranian government is planning to sell its shares in large automotive companies in the country, a move it deems necessary to…
Saipa of Iran to produce joint venture cars in African market
IRNA – South African car manufacturer “Mureza” announced on Wednesday it has plans to cooperate with Iran’s major automaker “Saipa” to assemble…
Multilateral deal to boost auto sector
Financial Tribune – Parts manufacturer SAPCO, affiliated to Iranian carmaker SAIPA, has signed agreements worth 4.2 trillion rials ($37 million) with Ferdowsi…
SAIPA unable to deliver Renault, Brilliance cars
Financial Tribune – Iranian automaker SAIPA has registered pre-orders for 350,000 vehicles, of which about 50,000 units—mainly Renault and Brilliance cars—cannot be…
Iran’s Defense Ministry extends helping hand to carmakers
Financial Tribune – Iran’s Defense Ministry is set to share its technological capabilities with local car companies Iran Khodro (IKCO) and SAIPA…
Car prices almost double: SAIPA joins price race
Financial Tribune – After carmaker Iran Khodro jacked up prices twice over the past few weeks, its archrival SAIPA apparently did not…
Saipa offers new products despite sanctions
IRNA – The managing director of Saipa Group said on Wednesday that despite restrictions created by sanctions against Iran, the automaker has…
SAIPA setting sights on Venezuela, Algeria auto markets
Financial Tribune – As part of a push to expand SAIPA’s presence overseas, Iranian ambassadors to Venezuela and Algeria visited the automaker’s…
Iran Auto Industry 2017-18: All you need to know
Financial Tribune- Iran’s key automotive sector experienced a significant surge during the fiscal which ended in March. With 1,534,799 units rolling out…
SAIPA to produce Citroen crossover in Iran
Financial Tribune- SAIPA is set to produce a subcompact crossover based on Citroen C3, which is an exclusive model offered by the…
Iran’s SAIPA, France’s Citroën agree to broaden cooperation
FNA- Managing Director of the Iranian Automaker Group Saipa Mohsen Jahroudi in talks with the CEO and Chairman of the Managing Board…
SAIPA backtracks on sudden price hike
Financial Tribune- Over the weekend SAIPA car company jacked up the price of the locally-assembled KIA Cerato by 14% announcing that henceforth…
Iran’s Saipa exported $1.2 billion in cars: Official
Press TV- Iran’s Saipa Group says it has exported 230,000 vehicles worth 1.2 billion in recent years as the automaker plans to expand…
SAIPA plans JV in Algeria
Financial Tribune – Iran’s second largest auto manufacturing company, SAIPA, will start the production of five models in Algeria by the end…
Photos: Int’l car exhibition kicks off in Tehran
IFP- Every car brand in the country and those looking to make market entry are attending this year’s Tehran Auto Show. The…
SAIPA sales center opens in Beirut
Financial Tribune- The central dealership of Iran’s second largest auto manufacturer, SAIPA, opened in Lebanon on Friday. Senior officials from both countries…
SAIPA production hits record
SAIPA, Iran’s second largest auto manufacturer, has produced 50,000 units in the last Iranian month (ended August 22) and broke its earlier…
Iran targets 80% auto localization
The Iranian government has targeted an automotive localization rate of 80%, following several overseas evaluations of the quality of domestic components, reliable…
Lebanon receives first SAIPA shipment
Iran’s second largest carmaker, SAIPA (Société Anonyme Iranienne de Production Automobile), has begun shipping locally made cars to the Mediterranean country of…
SAIPA, SK Networks seal $1bn deal
Iran said on Sunday that a deal has been signed with South Korea’s SK Networks to provide $1 billion in funds for…
SAIPA ready to coopearte with Asian, European, American carmakers
Tehran, May 18, IRNA – Manager of SAIPA, an Iranian automaker said that regarding BMW Brillianc’s previous cooperation, SAIPA is ready to…
Renault, Saipa to seal deal within months
TEHRAN, Feb. 29 (MNA) – Deputy industry minister said the contract framework between France’s Renault and Iran’s Saipa will soon become finalized.…
Chinese car makers looking for Iran exit door
Iran’s media reported on Sunday that the recent surge in the enthusiasm of European automakers to get a foothold in the Iranian…
Iran, China carmakers launch joint assembly lines
SAIPA, Iran’s second largest carmaker, launched two assembly lines on Tuesday in cooperation with China’s Brilliance Auto. The Iranian auto manufacturer and…
Saipa, IKCO lay claim to Benz partnership
Saipa Diesel, an Iranian manufacturer of trucks and trailers, is set to begin collaboration with Mercedes Benz, said the company’s CEO on…
Iran’s Saipa car maker to export car parts to Turkey
TEHRAN (ISNA)- Iran plans to export car parts to Turkey by mid April, said Deputy Head of Saipa car-manufacturer for Exports Mohsen…
Iran’s car sales up 32%
Iran’s auto production and sales rose 32 percent in 2014 from the year before as the industry started emerging from sanctions, an…
Iranian, foreign auto-manufacturers finalize cooperation deals
TEHRAN (ISNA)- Iran and certain foreign carmakers finalized deals following recent talks between the country and several foreign auto-manufacturers here in Tehran.…
Tough times for auto industry
Tehran, Oct 26, IRNA – Compared to times not in the too distant past, Iran’s huge auto industry is going through a…
Saipa vehicles acquire euro standards
TEHRAN Sept 14 (Shana)–Saipa Car Maker Company has announced that new generation of its vehicles have been able to put behind technical…
Iran auto productions witnesses 73% growth
Iran’s automobile production has witnessed a sharp growth of over 73 percent in the first five months of the current Persian calendar…
Iranian, Chinese firms agree to jointly produce cars
ILNA: Iranian Saipa and Chinese Changan car manufacturing companies have agreed to produce two models of cars jointly. The two sides signed…
French carmakers poised for scramble to reclaim Iran
PARIS/DUBAI, Nov 28 (Reuters) – Peugeot and Renault are among Western firms sending executives to an automotive conference that opens in Iran on Saturday…