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SAIPA to Sell Brilliance H330 in Syria

EghtesadOnline: Iranian car company SAIPA and its Syrian partner SIVECO are to produce the Chinese-derived sedan Brilliance H330 in Damascus, Aleppo, Lattakia, Homs and Hama.
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Publish Date:17/March/2019 | 14:23

Iranian Carmaker Says Cannot Deliver Presold Renaults

EghtesadOnline: Pars Khodro, a subsidiary of Iranian car company SAIPA, reportedly presold 36,000 Renault cars which it now says it cannot deliver because the new US sanctions have disrupted the supply of parts.
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Publish Date:10/March/2019 | 13:10

Tons of Imported Auto Parts Stuck in Iran Customs

EghtesadOnline: An estimated 10,000 containers of imported auto parts are stuck in Iranian customs warehouses ostensibly because local automotive companies Iran Khodro and SAIPA are unable or unwilling to get clearance for the goods.
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Publish Date:03/March/2019 | 11:49

Carmakers Special Sales Trigger Car Buying Frenzy in Iran

EghtesadOnline: As car prices keep rising as never before, the two main Iranian auto companies, Iran Khodro and SAIPA, launched what they call are ‘special sales’, selling their cars like hotcakes.
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Publish Date:23/February/2019 | 15:06

Iran Gov't Extends $333m Loan for 2 Major Carmakers

EghtesadOnline: The government will lend money to two local auto companies, Iran Khodro and SAIPA, to the tune of 40 trillion rials ($333 million). The bailout is for paying part of the carmakers’ mounting debt to local parts makers.
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Publish Date:10/February/2019 | 11:24

CEO Revolving Door Doing Well at SAIPA

EghtesadOnline: When it comes to higher-ups and top jobs SAIPA’s revolving door keeps on turning at unusual speed. On Sunday, Mohammad Reza Soroush was removed from his post as CEO barely after four months in the job and was replaced by Mirjavad Soleimani.
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Publish Date:22/January/2019 | 15:05

Car Buyers in Iran Get a Raw Deal

EghtesadOnline: Due to the new US sanctions and the economic headwinds, production of poor quality and outdated (but apparently affordable) vehicles like SAIPA’s Pride cannot be banned, head of Iran Standard and Quality Inspection Company (ISQI) says.
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Publish Date:13/January/2019 | 14:32

Car Prices Almost Double: SAIPA Joins Price Race

EghtesadOnline: After carmaker Iran Khodro jacked up prices twice over the past few weeks, its archrival SAIPA apparently did not waste precious time! The second biggest carmaker raised the price of three models from 24 to 80% over the weekend.
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Publish Date:30/December/2018 | 11:09

New Rules and Slumber of Iranian Carmakers

EghtesadOnline: Hard-pressed auto manufacturing industry already under mounting pressure for its poor quality and high prices should prepare for a new challenge in the coming weeks. The state is due to raise the bar and announce a new set of automotive standards. Form what is known, most vehicles made by the two major car companies Iran Khodro and SAIPA will not be able to comply with the new norm.
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Publish Date:06/November/2018 | 10:50

SAIPA Debuts Homegrown Sedan at Shiraz Auto Show

EghtesadOnline: While SAIPA’s French partner Citroen has suspended its collaborations with the Iranian company, the local carmaker striving not to get marooned in the past has introduced a brand new model along with a homegrown automotive platform which can usher in a new era for SAIPA.
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Publish Date:22/July/2018 | 10:03

IDRO Resolves Problem With SAIPA Over Renault Deal

EghtesadOnline: Renault’s production deal with the Industrial Development and Renovation Organization and a local private company Negin Khodro will become operational by March, the IDRO chief said.
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Publish Date:06/February/2018 | 07:58

SAIPA Unveils Citroen C3 New Model in Tehran Bash

EghtesadOnline: Speaking at the ceremony Fariborz Shahbaz, SAIPA Citroen’s director said, “The production lines are being installed and will be launched before September 2018. Initially 20% of parts used in the cars will be locally manufactured.”
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Publish Date:26/November/2017 | 07:12

Renault Can Shake Off SAIPA, IKCO Stranglehold

EghtesadOnline: Domestic carmakers need to grow and develop and move towards manufacturing rather than assembling cars from imported parts, says an advisor to the minister of industries.
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Publish Date:04/November/2017 | 07:05

C3 the first SAIPA, Citroën joint product

EghtesadOnline: The general manager of SAIPA Industrial Group announced that the first car produced jointly by this group and France, Citroën C3, will be offered by the end of the year (ended March 20, 2018).
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Publish Date:10/July/2017 | 10:14