Saipa
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SAIPA Loan Option for Slow-Selling Cerato
EghtesadOnline: SAIPA, the second biggest carmaker, has announced that it will offer loans for its own-manufactured Kia Cerato to boost sales.
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Pars Khodro to Deliver C3 Crossover
EghtesadOnline: Pars Khodro, a subsidiary of the second biggest domestic auto producer SAIPA, is set to deliver a new Chinese-derived Brilliance C3 SUV in August, according to local automotive…
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Iran Carmaker Mulls Two New Models
EghtesadOnline: The second auto producer SAIPA will introduce two new models before the end of the current fiscal (March 2018), the company CEO Mehdi Jamali, said without elaboration.
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Iran MP Calls for Kia Pride Production Halt
EghtesadOnline: Head of Iran's Majlis (parliament) Industries Commission Aziz Akbarian, has said production of the substandard 25-year-old Kia Pride model should be stopped by before the fiscal…
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SAIPA Diesel Seeking Foreign Partnership to Expand Production
EghtesadOnline: A subsidiary of SAIPA which produces heavy and light vehicles is set to expand its market share via deals with foreign firms and offering state-backed financial incentives to…
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Iran's SAIPA Expands Exports to West Africa
EghtesadOnline: The second largest automaker in Iran, SAIPA (Société Anonyme Iranienne de Production Automobile), has started exporting cars to Guinea in West Africa.
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SAIPA to Produce Auto Parts in Algeria
EghtesadOnline: Iran’s second largest auto manufacturing company, SAIPA, will start production of spare parts in Algeria following a joint venture with the Algerian firm Tahkout Manufacturing…
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SAIPA Gaining Ground Against Rival in Iran's Auto Market
EghtesadOnline: Iran Khodro and Chinese car assemblers are losing ground to their main rival SAIPA, according to newly released data.
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SAIPA’s Quick is Not the Only Game in Town
EghtesadOnline: Following a dressing down from the Persian Academy of Language and Literature over SAIPA’s new hatchback model named ‘Quick,’ the firm has so far failed to respond to the controversy,…
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Saipa Group unveils all Iranian-made car ‘Quick’
EghtesadOnline: All Iranian-made car ‘Quick’ has been unveiled by the country's leading automaker Saipa Group.
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Citroen Eyes 30% Share of Iran's Market
EghtesadOnline: Chief executives of PSA Group’s Citroen and SAIPA held a joint press conference at the weekend during which the French director said that Citroen is aiming to claim a 30% share…
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No End in Sight for 2 Notorious Models
EghtesadOnline: There are no cars that could replace SAIPA’s Pride or Iran Khodro’s Peugeot 405, says a deputy at the Iran Standard and Quality Inspection Company (ISQI).
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SAIPA Production and Sales Report Released
EghtesadOnline: Iran’s second largest auto manufacturer released its sales and production report for the first nine months of the current fiscal year that started in March and said sales had…
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Lebanese minister urges co-op with Iran in car manufacturing
EghtesadOnline: Speaking in the official opening ceremony of SAIPA representative office in Beirut, Lebanese Minister of Industry Hussein al-Hajj Hassan called for establishing cooperation with…
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Iran's SAIPA, Mellat Bank Sign Deal
EghtesadOnline: Iran's second largest car producer, SAIPA Corp. and semi-private Mellat Bank signed agreements to increase credit lines, providing needed resources in the area of foreign exchange,…
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China Sending More Car Models to Iran
EghtesadOnline: SAIPA's management team and a delegation from China's Brilliance Auto held a meeting on November 23 confirming the arrival of several new models in the local market.
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SAIPA-Proton Deal on Horizon
EghtesadOnline: The chief executive officer of Proton visited the headquarters of SAIPA, Iran’s second largest automaker, in Tehran and hinted that the two companies will sign a deal in the near…
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SAIPA Going Strong
EghtesadOnline: SAIPA, the second biggest Iranian carmaker, is showcasing new and current models in two auto expos underway in Iran’s central and western cities of Arak and Urmia respectively.
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Sandero Stepway on the Way
EghtesadOnline: Hot on the heels of the recent announcement by SAIPA group–Iran’s second largest car company–that it signed a new deal with PSA Group’s Citroen brand, a subsidiary of the Iranian…
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Iran Targets 80% Auto Localization
EghtesadOnline: The Iranian government has targeted an automotive localization rate of 80%, following several overseas evaluations of the quality of domestic components, reliable sources close…
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Iranian, French carmakers enter joint venture deal
EghtesadOnline: Iranian automaker SAIPA on Thursday signed a joint venture deal with French carmaker PSA Peugeot Citroën to build and sell vehicles for its Citroen brand in the country.
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SAIPA Negotiating With Nissan, Citroen
EghtesadOnline: SAIPA, Iran's second largest carmaker, aims to establish joint ventures with several foreign counterparts.
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SAIPA finalizing agreement with Citroen soon
EghtesadOnline: Iran’s leading vehicle manufacturer SIAPA is going to finalize a deal with France’s Cintroen soon, its Managing Director Mehdi Jamali said.
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French company to produce five new products in Iran
French Renault automobile manufacturer is to be in Iran's market with five new products, an official at Development and Renovation Organization (IDRO) of Iran announced.