Saipa
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New Boss at SAIPA
EghtesadOnline: SAIPA board of directors has appointed Qasem Jahroudi as new CEO. He replaces Mehdi Jamali.
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SAIPA Announces Quick Price
EghtesadOnline: SAIPA, Iran’s second-largest carmaker, has announced the price of its latest model Quick. The company wants 420 million rials ($10,500) for the small hatchback, local automotive…
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SAIPA, Changan to Expand Collaboration
EghtesadOnline: SAIPA and China’s Changan Automobile are set to increase collaboration.
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Volvo Trucks to Increase Investment in SAIPA Project
EghtesadOnline: The president of Volvo Trucks says that the Gothenburg-based company will increase its investments in Iran.
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Volvo Trucks, SAIPA Discuss Closer Ties
EghtesadOnline: President and CEO of Volvo Trucks Martin Lundstedt conferred with SAIPA chief Mehdi Jamali over the expansion of business ties and new production lines.
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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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Hyundai PowerTech, SAIPA subsidiary Mega Motor to produce gearboxes
EghtesadOnline: SAIPA has signed a contract with Hyundai PowerTech Company, a subsidiary of the South Korean giant Hyundai Motor Co., for the production of gearboxes.
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Iran Khodro, SAIPA to Expand Foreign Operations
EghtesadOnline: Iran's major automakers, Iran Khodro and SAIPA, have announced schemes to expand overseas operations.
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SAIPA 'Quick' to Arrive Soon
EghtesadOnline: SAIPA says its latest hatchback Quick will be introduced into the market in the coming weeks.
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Renault Trucks Stepping Up Presence in Iran
EghtesadOnline: Local vehicle manufacture SAIPA Diesel is in talks with the French Renault Trucks to introduce a new medium-duty truck in Iran.
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New Volvo Truck to Make Debut in Iran
EghtesadOnline: Local vehicle manufacturer SAIPA Diesel is set to introduce a new Volvo truck in the Iranian market.
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Poor Quality Cars Rule SAIPA Logbook
EghtesadOnline: During the first five months of the current fiscal that started in March, Iran’s second largest carmaker, SAIPA Group, produced 239,733 vehicles and sold 221,600 units.
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SAIPA Returns to TSE Trading
EghtesadOnline: Following a 105-day hiatus, the Securities and Exchange Organization reopened the shares of SAIPA, Iran’s second largest automaker, for trading on Sunday after the Tehran Stock…
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Iran Carmakers and Talk of Regional Buyers
EghtesadOnline: Iran Khodro and SAIPA say they want to export 30% of their cars to regional markets. Question: which countries would buy?
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Changan’s Benni No Replacement for SAIPA’s Pride
EghtesadOnline: SAIPA is reportedly planning to replace its low-quality Pride with the Chinese mini-car Changan Benni.
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Reality Catching Up With Mediocre Carmakers
EghtesadOnline: Two leading state-run carmakers, Iran Khodro and SAIPA, are struggling to maintain their monopoly over Iran’s market. Recently their struggle got all the more difficult. A new…
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Pride’s Long-Awaited Departure! Seems So
EghtesadOnline: SAIPA’s Pride, no pride after all, was once produced in unusually large numbers and is still the cheapest car in the local market. Now all that seems to be over and it is gradually…
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SAIPA Fails to Deliver on Time
EghtesadOnline: With more than four months having passed from the Iranian New Year (March 20), SAIPA has yet not delivered the cars it was obliged to hand over in February.
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Local Auto Companies Allowed to Raise Prices
EghtesadOnline: The government-backed Competition Council that keeps an eye on the prices of local products, including vehicles, has given permission to some local carmakers to increase prices…
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Electric Tiba in Testing Phase
EghtesadOnline: SAIPA is set to unveil its new Tiba with a locally-designed electric-only engine, said Mehdi Jamali, the company CEO.
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Nissan, Kia to Restart Ties With SAIPA
EghtesadOnline: SAIPA auto company is to sign two joint production deals with East Asian automotive giants Nissan and Kia.
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Iran Government to Choke Auto Imports?
EghtesadOnline: The Ministry of Industries, Mining and Trade has announced a proposal, the implementation of which is certain to tighten the grip of Iran Khodro and SAIPA, the largest state-controlled…
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C3 First Joint Product of SAIPA, Citroen
EghtesadOnline: SAIPA has taken the covers off its joint venture with Citroen, announcing that the first car to roll off the production line will be the Citroen C3 hatchback.
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Brilliance Crossover Coming soon
EghtesadOnline: Pars Khodro, a subsidiary of the second biggest Iranian automaker SAIPA, has finally agreed that the long-awaited Brilliance C3 SUV will hit the roads before the summer ends,…
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IKCO, SAIPA Owe $2.4b to Parts Makers
EghtesadOnline: Iran’s largest automakers Iran Khodro and SAIPA owe local parts makers $2.4 billion, according to industry insiders.
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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…
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SAIPA Plans JV in Algeria
EghtesadOnline: Iran’s second largest auto manufacturing company, SAIPA, will start the production of five models in Algeria by the end of the current year, the company’s customer services director…
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Automakers Allowed to Slightly Raise Prices
EghtesadOnline: The so-called Competition Council that keeps an eye on the pricing of local products, including vehicles, has given permission to some local carmakers to increase prices of several…
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Eid Sale of Brilliance Hatchback
EghtesadOnline: Pars Khodro, a subsidiary of the second biggest domestic auto producer SAIPA, started the Ramadan feast sale of its latest Chinese-derived Brilliance models on Wednesday.
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Automaker Plans to Produce Electric Motorbikes, TM Says
EghtesadOnline: Farshid Babakhani, the project manager of air pollution control in Tehran Municipality, says the carmaker SAIPA is to import a number of electric motorcycles on the municipality’s…