SAIPA Production Soars by 82.5%

SAIPA Automotive Group has published detailed statistics from March 21 to May 28, alongside the release of the total vehicle production report, which indicate a substantial jump in output.
A total of 86,618 vehicles were produced by SAIPA during the period, registering an 82.5% increase compared with the corresponding period of last year, the company’s CEO said.
“Since good agreements have been made between the Ministry of Industries, Mining and Trade and the Central Bank of Iran regarding the supply of foreign currency to car manufacturers and parts producers, vehicle output has increased,” Mohammad Ali Teymouri was also quoted as saying by Khabar Khodro, a Persian website that covers automotive news.