TEHRAN, Jun 26 - Iranian government is absolutely determined to give up its remaining shares in the two giants of the country’s automotive industry, saying IKCO and SAIPA will be fully privatized next year.
TEHRAN, December 19 - An Iranian leading carmaker Saipa is going to send the third consignment of its products to Lebanon in a bid to introduce its sedans.
TEHRAN, December 9 - Iran’s Saipa Group said it has exported 230,000 vehicles worth 1.2 billion in recent years as the automaker plans to expand sales with new designs and competitive products.
TEHRAN, October 31 - Iran’s car-maker Saipa and Chinese-owned Swedish vehicle manufacture Volvo Cars are going to establish a joint company, said Saipa CEO Rasoul Mohammad-Sadeghi.
TEHRAN, July 12, YJC - Iran’s second-largest car manufacturer (SAIPA) said it is holding talks with two former partners Nissan and Kia to resume mutual cooperation.
TEHRAN, May 2, YJC - French auto giant Peugeot has started the mass production of its latest flagship crossover in Iran – a landmark move that could cement its presence in the Middle East’s biggest vehicle market.