SAIPA Makes Pride With 45% Import Dependence

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.
With a pompous air, SAIPA CEO Javad Soleimani told IRNA, “Previously, we had to import auto parts worth €1,770 for making each unit of Pride. We have brought down the import costs to €1,400.”
The vehicles’ factory price is sold domestically for about 400 million rials (€3,150). 
Soleimani’s latest comments indicate that imported parts have at least a 45% share in Pride.