Intro: The SAIPA company was established in 1966 and has a colorful car assembling history, including Citroen Dyane, Renault 21, Nissan Patrol, Mazda 323 and the Renault 5 which is still being produced, although it is almost 30-year-old.
Recent developments included a licence agreement with the South Korean Kia Motors for the Pride minicar and with the French Citroen company for the Xantia family car.
SAIPA became a full range auto manufacturer after it merged with three other major companies, Zamy, Iran Kaveh and Pars Khodro in 1999 to hold a substantial market share in Iran. SAIPA is effectively controlled by the Iranian government, which owns 48 percent. |
