SAIPA, Iran’s second-largest auto manufacturer, is revealing plans for expanding ties with two of its Chinese partners, Brilliance and Changan, to further grease the wheels for the company’s ascent to the top as the country’s biggest carmaker.
In an ongoing trip to China, Managing Director of SAIPA Mohsen Jahroudi visited Brilliance and Changan’s factories and discussed fostering new collaborations with both manufacturers, the Iranian firm’s public office reported.
SAIPA is on a fast track to replace Iran Khodro as the country’s largest auto manufacturer. According to projections based on the two companies’ current gross rates, SAIPA will trump IKCO in less than a year.
As stated in the latest report released by the Ministry of Industries with a total output of 712,268 units, during the last fiscal which ended in March, IKCO’s year-on-year production rate growth stands at 8.9%. This is while SAIPA manufactured 666,488 units recording a 16.8% YoY growth.
The gap between the production units is evidently narrowing and both companies’ strategies for this year show they are preparing for a showdown.
April 21, 2018 15:26
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Sino-Iran Auto Ties Expanding
On his trip to China, the managing director of SAIPA visited Brilliance and Changan’s factories and discussed fostering new collaborations with both manufacturers. SAIPA seeks to diversify its products by jointly producing six new vehicles with the two Ch
SAIPA is on a fast track to replace Iran Khodro as the country’s largest auto manufacturer. According to projections based on the two companies’ current gross rates, SAIPA will trump IKCO in less than a year
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