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February 06, 2016 11:01 PM ET

Automobiles

Company Overview of Société Anonyme Iranienne de Production Automobile

Company Overview

Société Anonyme Iranienne de Production Automobile designs and manufactures light and heavy commercial vehicles, SUVs, and sedans in Iran. The company offers its products through dealers in Iran, Venezuela, Senegal, Mali, Algeria, Cameroon, Libya, Egypt, Sudan, Ukraine, Syria, Iraq, Azerbaijan, Afghanistan, and South Korea. Société Anonyme Iranienne de Production Automobile was formerly known as Société Anonyme Iranienne de Production Automobile Citroën and changed its name to Société Anonyme Iranienne de Production Automobile in 1975. The company was founded in 1965 and is based in Tehran, Iran.

Km 15, Karaj Special Road

P.O. Box 13445 - 554

Tehran,  14584

Iran

Founded in 1965

Phone:

98 21 44196550

Fax:

98 21 44194934

Key Executives for Société Anonyme Iranienne de Production Automobile

Société Anonyme Iranienne de Production Automobile does not have any Key Executives recorded.

Société Anonyme Iranienne de Production Automobile Key Developments

SAIPA Plans to Launch New SAINA Passenger Car in October

SAIPA plans to launch its new SAINA passenger car next month. The vehicle will be powered by a 1.5-litre engine and will be equipped with anti-lock braking system (ABS) and electronic brake distribution (EBD). The vehicle has passed Euro IV emission standards.

Renault In Talks To Buy Minority Stake In Iranian Partner

Renault Société Anonym (ENXTPA:RNO) is in talks to buy a minority stake in Pars Khodro Company, an executive at the Iranian firm said. Naser Aghamohammadi, Managing Director of Pars Khodro, said Renault was in talks to buy less than half of the shares in his company, the newspaper said on its website on July 24, 2015. Naser Aghamohammadi said Renault was also in talks to buy infrastructure, such as car plants, owned by Pars Khodro's parent company Saipa Corp. A spokeswoman for Renault in Paris declined to comment.

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