14K SAIPA Cars for Iraq, Venezuela

SAIPA Corporation plans to export 14,000 cars (3,000 QUIK and 11,000 Shahin models) to Iraq and Venezuela.
Mohammad Ali Teymouri, the company’s CEO, made the announcement during a supply chain manufacturers’ meeting on product development and production increase, Donyaye Khodro reported.
The meeting was attended by members of SAIPA Corporation’s Board of Directors, CEOs of SAIPA’s subsidiaries, deputies and managers and members of component associations, as well as the heads of component manufacturers and supply chain of SAIPA.
“These cars will be exported to these countries at the best export price and in cash, and the resulting liquidity will allow us to pay for research and development, as well as the dues of parts manufacturers,” Teymouri said.
Without mentioning a specific date, the SAIPA chief stated that the company is “committed” to exporting this number of cars to Iraq and Venezuela in the current Iranian year (ending March 2023).