Saipa News
Follow the latest news about Saipa, Iran's 2nd largest car maker, along with prices, output, exports and international cooperations.
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October 10,2020Iran Army Air Force has launched an initiative to strengthen relations with the major automaker SAIPA for sharing technologies, bolstering domestic auto production and reducing foreign dependency... -
August 03,2020Iran’s major automaker SAIPA and Sharif University of Technology have started collaboration to design and develop electric vehicles. Late last week, SAIPA’s CEO Seyyed Javad Soleimani conferred...
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July 11,2020Iran’s major automaker SAIPA has taken another step for localizing and technologically upgrading its auto production by forging contracts with 48 knowledge-based and tech companies. During a press...
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June 29,2020Iran’s major automaker SAIPA is strengthening cooperation with the University of Science and Technology to upgrade its products with the state-of-the-art technology. During a Saturday visit to...
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January 27,2020Pars Khodro, a subsidiary of SAIPA car company, has restarted producing Renault cars, the company said in a statement. Last March Pars Khodro stopped producing Renault vehicles because the “new US...
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January 13,2020The long-running debate over halting the production of Pride, a poor-quality small city car produced by Iranian automaker SAIPA, has reportedly been concluded with a clear and close deadline. ...
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November 20,2019The longstanding debate over halting the production of poor quality cars in Iran has reached a tipping point with a clear deadline in sight, despite automakers bemoaning a lack of substitute for...
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November 09,2019Iran’s automotive output fell by 22.4% during the seven months ending Oct. 22 compared to a year earlier. According to data announced by the Persian economic daily Donya-e-Eqtesad, Iran produced...
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October 19,2019Iran’s SAIPA and South African car manufacturer Mureza are to jointly produce vehicles in Zimbabwe.
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October 07,2019Iranian carmaker SAIPA needs to import auto parts worth €1,400 for making each unit of Pride, a €3,150 vehicle that the company has been manufacturing for the past three decades. With a pompous...
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September 14,2019The long-running debate over halting the production of SAIPA’s small car Pride has reignited, after Iran Traffic Police chief said license plates will not be issued for the vehicle as of March 2020...
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September 02,2019By October 2018, the accumulated debts of Iranian carmakers, Iran Khodro (IKCO) and SAIPA, had reached 1 quadrillion rials ($8.8 billion), the industries minister said in a recent interview. In a...
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August 10,2019Over the past 11 years, 34% of those who lost their lives in road accidents in Iran, constituting 70,056 victims, died in SAIPA’s small city car, Pride.
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July 15,2019Insurance companies have stopped offering third party vehicle insurance to new vehicles produced by SAIPA, Iran's second-largest automaker, due to the carmaker’s pattern of failure to settle its...
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July 03,2019Iranian automaker SAIPA has registered pre-orders for 350,000 vehicles, of which about 50,000 units—mainly Renault and Brilliance cars—cannot be delivered even in the best-case scenario, an Iranian...
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June 24,2019The Iranian government plans to sell off its share in the two major automotive companies: Iran Khodro (IKCO) and SAIPA.
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June 12,2019Since June 2018, Iran’s auto production has been plummeting. Data released by the Industries Ministry show that the decline has continued in the second month of the current fiscal year (ended May...
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May 06,2019Iranian car manufacturer SAIPA has signed a research and development agreement with the University of Tehran to use academic potentials for boosting the key sector.
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March 16,2019Iranian car company SAIPA and its Syrian partner SIVECO are to produce the Chinese-derived sedan Brilliance H330 in Damascus, Aleppo, Lattakia, Homs and Hama.
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March 09,2019Pars Khodro, a subsidiary of Iranian car company SAIPA, reportedly presold 36,000 Renault cars which it now says it cannot deliver because the new US sanctions have disrupted the supply of parts....
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February 20,2019State-owned Bank of Industry and Mine will offer 4 trillion rials ($30.7 million) in loans to 150 car parts makers working with local car company SAIPA. According to a report published on the bank...
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February 06,2019The government will lend money to two local auto companies, Iran Khodro and SAIPA, to the tune of 40 trillion rials ($333 million). The bailout is for paying part of the carmakers’ mounting debt to...
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January 30,2019With government intervention, the final price of Citroen C3 made in Iran via collaboration between local car company SAIPA and France’s Citroen has been announced. Following rumors and...
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January 21,2019When it comes to higher-ups and top jobs SAIPA’s revolving door keeps on turning at unusual speed. On Sunday, Mohammad Reza Soroush was removed from his post as CEO barely after four months in the...
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January 12,2019Due to the new US sanctions and the economic headwinds, production of poor quality and outdated (but apparently affordable) vehicles like SAIPA’s Pride cannot be banned, head of Iran Standard and...
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