Saipa
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Iran’s SAIPA to Supply High-Quality Products in Russia, Belarus
As the second largest automotive manufacturer in Iran, SAIPA Automotive Group plans to supply its high-quality products to the Russian and Belarussian markets.
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SAIPA Unveils New Engine, P90 Car
EghtesadOnline: SAIPA has unveiled its new ME16 engine and the P90 car model, which is the Iranian Sandero.
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IKCO, SAIPA Open Second Joint Agency for Sales, After-Sales
EghtesadOnline: The alliance between Iran Khodro (IKCO) and SAIPA pertains to sales and after-sales services, logistics, research, driving forces and parts manufacture.
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SAIPA Ahead of Production Plan
EghtesadOnline: SAIPA Automotive Group, in addition to completing the deficient cars, has produced 20,845 vehicles in the first fiscal month (March 21-April 20), according to SAIPA Automotive…
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SAIPA Started Abolition of Car Lotteries With Shahin
EghtesadOnline: SAIPA Automotive Group has started the sale of Shahin from April 19, without holding a car lottery, in response to high public demand.
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SAIPA Propels Localization With Help From IRGC, Army
EghtesadOnline: Iran’s major automaker SAIPA is implementing 81 projects to localize high-tech auto parts, hoping to curb the sector’s dependency on foreign suppliers.
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SAIPA Propels Localization With Help From IRGC, Army
EghtesadOnline: Iran’s major automaker SAIPA is implementing 81 projects to localize high-tech auto parts, hoping to curb the sector’s dependency on foreign suppliers.
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Army Air Force Initiative to Extend Tech Support to SAIPA
EghtesadOnline: Iran Army Air Force has launched an initiative to strengthen relations with the major automaker SAIPA for sharing technologies, bolstering domestic auto production and reducing…
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SAIPA Starts Collaboration to Utilize Army’s Air Force Tech
EghtesadOnline: Major Iranian automaker SAIPA has signed an agreement with the Iranian Army’s Air Force, based on which the latter’s technologies will be shared with the carmaker.
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SAIPA, Sharif Univ. Commence Collaboration to Produce EVs
EghtesadOnline: Iran’s major automaker SAIPA and Sharif University of Technology have started collaboration to design and develop electric vehicles.
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SAIPA Strengthens Ties With Academia for Tech Upgrade
EghtesadOnline: Iran’s major automaker SAIPA is strengthening cooperation with the University of Science and Technology to upgrade its products with the state-of-the-art technology.
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Iran: Automakers Might Phase Out Pride, Peugeot 405 in June
EghtesadOnline: Automakers Iran Khodro (IKCO) and SAIPA are expected to end the production of two low-quality cars, Peugeot 405 and Pride, which have been made in Iran for decades.
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Ambitious Iran JV Envisages Electric Vehicle Production
EghtesadOnline: Major Iranian automaker SAIPA forged an agreement with MAPNA Group this week to develop and commercialize electric vehicles in the hope of reducing fossil fuel consumption and…
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SAIPA Says to Produce 3,000 Renault Cars
EghtesadOnline: Pars Khodro, a subsidiary of SAIPA car company, has restarted producing Renault cars, the company said in a statement.
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SAIPA En Route to Phasing Out Pride
EghtesadOnline: The long-running debate over halting the production of Pride, a poor-quality small city car produced by Iranian automaker SAIPA, has reportedly been concluded with a clear and…
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Iran: Defense Ministry Strengthening Collaborations With Automakers
EghtesadOnline: Iran's Defense Ministry has signed a deal with local car manufacturing company SAIPA to curb the auto sector's reliance on foreign parts.
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Local Carmakers Cannot Pay Their Bills
EghtesadOnline: Local carmakers Iran Khodro and SAIPA, are deep in the red owing part makers 230 trillion rials ($1.9 billion) one official with Tehran Chamber of Commerce says.
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SAIPA Expanding Presence in Africa
EghtesadOnline: Iran’s SAIPA and South African car manufacturer Mureza are to jointly produce vehicles in Zimbabwe.
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SAIPA Makes Pride With 45% Import Dependence
EghtesadOnline: Iranian carmaker SAIPA needs to import auto parts worth €1,400 for making each unit of Pride, a €3,150 vehicle that the company has been manufacturing for the past three decades.
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Debate Flares Again Over Halting Pride’s Production
EghtesadOnline: The long-running debate over halting the production of SAIPA’s small car Pride has reignited, after Iran Traffic Police chief said license plates will not be issued for the vehicle…
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Multilateral Deal to Boost Auto Sector
EghtesadOnline: Parts manufacturer SAPCO, affiliated to Iranian carmaker SAIPA, has signed agreements worth 4.2 trillion rials ($37 million) with Ferdowsi University of Mashhad and several industrial…
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IKCO-SAIPA Debts Reach $8.8 Billion
EghtesadOnline: By October 2018, the accumulated debts of Iranian carmakers, Iran Khodro (IKCO) and SAIPA, had reached 1 quadrillion rials ($8.8 billion), the industries minister said in a recent…
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70,000 of Road Fatalities Involved SAIPA’s Pride
EghtesadOnline: Over the past 11 years, 34% of those who lost their lives in road accidents in Iran, constituting 70,056 victims, died in SAIPA’s small city car, Pride.
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Deadbeat Carmaker on Wrong Side of Insurers
EghtesadOnline: Insurance companies have stopped offering third party vehicle insurance to new vehicles produced by SAIPA, Iran's second-largest automaker, due to the carmaker’s pattern of failure…
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Gov’t Reiterates Plan to Privatize IKCO, SAIPA
EghtesadOnline: The Iranian government plans to sell off its share in the two major automotive companies: Iran Khodro (IKCO) and SAIPA.
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SAIPA, University of Tehran Sign R&D Agreement
EghtesadOnline: Iranian car manufacturer SAIPA has signed a research and development agreement with the University of Tehran to use academic potentials for boosting the key sector.
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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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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…
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Iran Central Bank, Carmakers Clash Over €844 Million Loan
EghtesadOnline: To help again rescue the dysfunctional local auto industry, the Central Bank of Iran agreed last month to lend €844 million to the two main companies, Iran Khodro and SAIPA.
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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…