Venezuela to Purchase SAIPA Cars  

Venezuela’s Transportation Minister Ramón Velásquez said his country will buy 10,000 completely knocked down (CKD) and completely built up (CBU) vehicles from SAIPA Automotive Group.
Velásquez, who is also the co-chair of Iran-Venezuela Economic Commission, made the announcement after meeting SAIPA’s CEO Mohammad Ali Teymouri during a visit to SAIPA’s Automotive Industries Research and Innovation Center in Tehran.
The two sides exchanged views on enhancing automotive cooperation and undertaking joint car production in Venezuela, Khabar Khodro reported.
Presenting a report on the performance of SAIPA vis-a-vis new product lines, Teymouri said SAIPA has made good plans in the field of producing new and cutting-edge products, and has taken effective measures to market new products.
“The automotive industry is one of the key industries of any country, which plays an important role in promoting sustainable development and influences other major industries. SAIPA is ready to jointly produce and send its products to the Venezuelan market,” he said.