Top Russian carmaker seeks Iran help to shore up production
A leading Russian automaker has called for cooperation with Iranian parts manufacturers to supply it with critical vehicle components, Iran’s official news…
Tag Archives: Saipa
Will foreign investment return to Iran’s automotive sector?
Bourse and Bazaar | Hassan Karimi Sanjari: Iran produced just 770,000 automobiles in 2019, down from 1,418,550 just two years prior. The…
SAIPA strengthens ties with academia for tech upgrade
Financial Tribune – Iran’s major automaker SAIPA is strengthening cooperation with the University of Science and Technology to upgrade its products with…
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…
Iran’s automakers need a rescue, but face a reckoning
Bourse and Bazaar – Iran’s giant automakers, Iran Khodro and Saipa, are in a tug of war with the Rouhani administration over…
Carmaker slightly lifts TSE
Financial Tribune – Tehran Stocks closed Monday a little below the flat line before bouncing back into positive territory as investors went…
Iran auto output down 32.5%
Financial Tribune – During the month ending April 17, Iran’s two major automakers, Iran Khodro and SAIPA, produced 22,998 passenger vehicles, which…
Iran’s 2019-2020 auto output report
Financial Tribune – Iran Khodro produced 393,812 passenger vehicles during the fiscal year that ended in March, recording an 8.1% year-on-year decline…
SAIPA says to produce 3,000 renault cars
Financial Tribune – Pars Khodro, a subsidiary of SAIPA car company, has restarted producing Renault cars, the company said in a statement.…
SAIPA en route to phasing out Pride
Financial Tribune – Pride model 132 will no longer be produced by the company and the production of other Pride models, namely…
Iran: Defense Ministry strengthening collaborations with automakers
Financial Tribune – With US sanctions taking a harsh toll on Iranian car companies, the Defense Ministry has extended help to the…
Carmakers’ losses exceed $830 million in six months
Financial Tribune – Iranian car companies have incurred losses to the tune of 100 trillion rials ($833.2 million) in the first half…
SAIPA expanding presence in Africa
Financial Tribune – Iran’s SAIPA and South African car manufacturer Mureza are to jointly produce vehicles in Zimbabwe. The first vehicle to…
SAIPA car manufacturing Co.’s output surpasses 147,000 in five months
MNA – Statistics show that Iran’s second-largest car manufacturing company “SAIPA” manufactured 147,588 vehicles in the first five months of the current…
Iran: $60m deal for auto localization
Financial Tribune – Major Iranian automotive companies and 32 parts makers from the private sector signed a $60 million deal on Saturday…
Iran auto production slides
Financial Tribune – Since June 2018, Iran’s auto production has been plummeting. Data released by the Industries Ministry show that the decline…
Iran automakers face rocky road as output falls while demand rises
Bourse and Bazaar | Hassan Karimi Sanjari: Iran’s automakers have pre-sold more than 1 million vehicles, most of which are earmarked for…
Iran’s producing over 4,000 cars per day
IRNA – The daily production of Iran’s two main automakers has exceeded 4,000, according to Minister of Industry, Mine and Trade. Reza…
SAIPA to sell Brilliance H330 in Syria
Financial Tribune – Iranian car company SAIPA and its Syrian partner SIVECO are to produce the Chinese-derived sedan Brilliance H330 in Damascus,…
Iranian carmaker says cannot deliver presold Renaults
Financial Tribune – Pars Khodro, a subsidiary of Iranian car company SAIPA, reportedly presold 36,000 Renault cars which it now says it…
CEO revolving door doing well at SAIPA
Financial Tribune – Over the past decade seven CEOs have come and gone at SAIPA. While the average time in office for…
SAIPA Citroen reassures customers
Financial Tribune – In a statement published on SAIPA-Citroen’s website, the joint venture between the French automotive firm and its Iranian partner…
SAIPA sales campaign triggers frenzy car buying in Iran
Financial Tribune – Iranian car manufacturer SAIPA managed to pre-sell 50,000 vehicles in less than two days, a testament to the public’s…
SAIPA ‘Quick’ to arrive soon
Financial Tribune- SAIPA says its latest hatchback Quick will be introduced into the market in the coming weeks. The company’s deputy sales…
Iran’s SAIPA rebuked for ‘Quick’ naming
Financial Tribune- The domestic auto industry is plagued with a myriad of problems, from inflation to production of high-emission vehicles. But its…
Photos: Saipa Group unveils all Iranian-made car ‘Quick’
IRNA | Mojtaba Mohammadlou: All Iranian-made car ‘Quick’ has been unveiled by the country’s leading automaker Saipa Group. Designed by the Saipa…
Saipa Group unveils all Iranian-made car ‘Quick’
IRNA – All Iranian-made car ‘Quick’ has been unveiled by the country’s leading automaker Saipa Group. Designed by the Saipa research center,…
Iranian carmakers’ good fortune unlikely to trickle down
TEHRAN, Iran — A majority of car consumers in Iran complain about the low quality and high prices of vehicles produced by local manufacturers, according to…
Iranian, French carmakers enter joint venture deal
Tehran, July 21, IRNA – Iranian automaker SAIPA on Thursday signed a joint venture deal with French carmaker PSA Peugeot Citroën to…
SAIPA finalizing agreement with Citroen soon
Tehran, July 18, IRNA – Iran’s leading vehicle manufacturer SIAPA is going to finalize a deal with France’s Cintroen soon, its Managing…
Iranian automakers making foreign inroads
Iran’s leading automakers SAIPA and Iran Khodro Diesel Company (IKD) recently launched initiatives in Ivory Coast and Azerbaijan Republic respectively. Ivory Coast…
SAIPA’s Ario to join Tehran’s taxi fleet
Following an internal review, the Chinese-derived SAIPA’s Ario sedan has been announced as the new entrant to join the capital’s taxi fleet.…
Vehicle import decline: Pros and cons
The number of automobile manufacturing companies in Iran currently stands at 27. It is, however, common knowledge that the duopoly of Iran…
Iran Professional League: Esteghlal wins, Sepahan held
TEHRAN (Tasnim) – Esteghlal football team kept itself within one point of Iran Professional League (IPL) leader Naft with a 1-0 win…
Saipa edges Persepolis in IPL
TEHRAN (Tasnim) – Persepolis football team suffered a home defeat against Saipa in the Iranian Professional League on Tuesday. Milad Meidavoudi scored…
3 Iranian football teams get point deduction over fan violence
TEHRAN, Aug. 8 (MNA) – Three Iranian football teams were punished with a deduction of one point due to fan violence. Esteghlal,…
Iran to build nation’s biggest car factory by 2015: media
TEHRAN, Jan. 27 (Xinhua) — Iran’s plans to build the nation’s biggest car factory, capable of producing 5 million cars every year,…
Iran’s car industry output falls sharply
Iran’s output of cars – the country’s biggest non-oil industry – has fallen by about 50 per cent, as the tightening international…