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Iran’s Saipa observes decrease in passenger car manufacturing

Business Materials 22 October 2022 12:31 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, October 22. Passenger car manufacturing of Iran’s Saipa Group decreased by 3.9 percent, during the first six months of the current Iranian year (March 21 through September 2022), compared to the same period last Iranian year, reads the report of information service (codal.ir) under the Securities and Exchange Organization of Iran, Trend reports.

In 6 months, the company manufactured a total of 158,018 passenger cars.

Meanwhile, in the same period last Iranian year, the figure stood at 164,308 cars.

So, the Saipa manufactured 125,308 units of “Tiba”, “Quick”, “Saina”, 13,182 units of Shahin cars, as well as 19,438 pick-ups and 90 units of other cars in 6 months.

At the same time, the Saipa Company sold a total of 188,282 passenger cars in 6 months. Of this, 153,622 units were accounted for “Tiba”, “Quick”, “Saina”, 21,700 units for pick-ups, 12,733 units for Shahin, and 227 units for other models.

In general, three giant Iranian automakers (Iran Khodro, Saipa, and Pars Khodro) manufactured 447,086 cars for the first six months of the current Iranian year.

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