Tehran, Iran, Feb. 13
By Kamyar Eghbalnejad – Trend:
SAIPA, Iran’s second largest carmaker, has announced plans for producing a new Renault brand in Iran.
“In line with policies aimed at deepening cooperation with our international partners, we are planning to manufacture a new product in cooperation with Renault over the coming year,” CEO of SAIPA Mohsen Qasem-Jahroudi said at a conference on the automotive industry in Tehran on Tuesday.
He further described the new product as “low cost” and "of quality". However, the official did not provide further information on the new product.
According to the official, the carmakers daily output of SAIPA over the current fiscal year (starting March 20) reached 3,200 units.
Over 1.253 million cars were produced in Iran during the first 10 months of the current Iranian fiscal year.
The figure indicates a rise by 15.2 percent as compared to the same period of the preceding year, according to the Iran’s industry ministry.