42051
SAIPA Releases Ario in Iraq
Economy, Auto

SAIPA Releases Ario in Iraq

As part of SAIPA's push to develop its regional market, one of its latest locally assembled products, Ario—a midsize sedan—has been released in the southern Iraqi city of Basra.  SAIPA has made efforts in recent months since the cessation of sanctions to pitch its vehicles in locally developing markets like Iraq and Azerbaijan, as it sees potential for large volume sales.
The automaker is not a new entrant in the Basra Auto Fair and showcased several vehicles at the large stand at this year's event. It intends to highlight the best of low-cost Iranian vehicles in the neighboring market, BSCB reports.
Although SAIPA and IKCO have made inroads into the Iraqi market in recent years, Korean car companies remain the biggest sellers in 2015.
Currently, Kia has a 41.6% market share with its Frontier comprising 17.1% of new car sales in that year. Kia's Sorento and Sportage hold onto their positions at number three and four respectively.

 

Short URL : http://goo.gl/WGliMC
  1. http://goo.gl/lgr9Xx
  • http://goo.gl/W3AOs6
  • http://goo.gl/xQ7yxN
  • http://goo.gl/Q2O6YO
  • http://goo.gl/bchqEy

You can also read ...

European Gov’ts Exploring Financial Channels for Iran
The French, British and German governments have told Iran they...
EU to Protect Firms in Iran Following US Refusal to Grant Waivers
EU countries on Monday gave European firms legal cover to...
$312m Paid in Travel Currency in 3 Months
A total of $312 million were allocated by the Central Bank of...
Biggest Privatization Bid of the Year Set for July 31
Iranian Privatization Organization is scheduled to stage the...
Cuba Rolling  Out Mobile Internet Services
Cuba has started providing Internet on the mobile phones of...
Tehran Hosting International Biology Olympiad
Gifted students from 70 countries across the world have...
Iran, Ghana Sign Capital Market Deal
Capital market authorities from Iran and Ghana signed a...
IMIDRO Outlines Q1 Downstream, Upstream Steel Performance
A total of 11.22 million tons of iron ore concentrate was...

Trending

Googleplus