Iranian car maker Saipa in talks with KIA, Nissan
Tehran, Iran, November 28
By Mehdi Sepahvand – Trend:
Iran’s second-largest car maker Saipa is in talks with KIA and Nissan for future cooperation, according to Saipa’s Head of Marketing and Sales Reza Taghizadeh.
Taghizadeh, who was speaking on the sidelines of the Tehran Auto Show 2017, said the talks have not been yet finalized, but are seriously followed, Trend's correspondent reported from the event.
According to the official, Saipa’s output is currently about $6 billion per annum and the company is responsible for 41 percent of Iran’s car production.
As Iran’s biggest car exporter, the company exports products to Iraq, Syria, Algeria, Venezuela, and Russia, he said, adding Saipa plans the export of 20,000 cars for the current Iranian fiscal year (to end March 20).
Saipa is currently engaged in joint ventures with France’s Citroen, as well as China’s Brilliance Auto, Changan Automobile, and Zotye Auto, Taghizadeh noted.
During the show, Saipa and Citroen also unveiled their new jointly produced car model, the Saipa Sitrick.
Saipa automotive group made 62.7 trillion rials ($1.6 billion) from the sale of 221,600 units during the first five months of the current fiscal year.