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Iranian Saipa Motor Corporation Company produces about 234,000 cars

Business Materials 2 December 2019 16:16 (UTC +04:00)

BAKU, Azerbaijan, Dec. 2

By Elnur Baghishov - Trend:

From March 21, 2019, through November 21, 2019, of the current Iranian year, Saipa Motor Corporation Company produced 233,916 cars, said the Iranian Stock Exchange report, Trend reports referring to Fars news agency.

From March 21, 2019, through November 21, 2019, of the current Iranian year, Saipa Motor Corporation Company produced 233,916 cars, said the Iranian Stock Exchange report, Trend reports referring to Fars news agency.

During this period, Saipa Motor Corporation produced 119,019 Pride automobiles and 103,847 Tiba automobiles.

In eight months, 3,630 Kia Cerato, 424 Ario, 4,780 Changan CS35 and 2,640 SKD automobiles were produced

From October 23 through November 21, Saipa produced 27,320 cars.

In 2019, 13,193 Pride and 12,841 Tiba automobiles were produced.

From October 23 through November 21, 149 Ario, 697 Changan CS35 and 440 SKD cars were produced. The Cerato automobiles weren’t produced during this period.

The US imposed sanctions on Iran in November 2018 and expanded the sanctions list in several stages. As a result of the sanctions, Saipa Company hasn't produced Cerato automobiles from the beginning of August 2019.

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