SAIPA

Saipa Motor Corporation
Company typePublic company
TSE:[1] k
ISIN: IRO1SIPA0001
IndustryAutomotive
Founded1965 (1965)
HeadquartersTehran, Iran
Key people
Products
RevenueIncrease US$ 21.7 billion (2023)[2]
Owner
Number of employees
48,000 (2012)[3]
SubsidiariesSaipa Diesel
Pars Khodro
Zamyad Co.
SAIPA CITROËN
Websitewww.saipacorp.com

SAIPA (Persian: سایپا, SAIPA) is an Iranian automaker headquartered in Tehran. The SAIPAC (an acronym for the French Société anonyme iranienne de production des automobiles Citroën lit. Iranian Limited Company for the Production of Citroën Automobiles)[4] was established in 1965[5] as with 75% Iranian ownership, to assemble Citroëns under license for the Iranian market. It changed its name into SAIPA (Société anonyme iranienne de production automobile) in 1975[4] when Citroën withdrew from the company.[6] Its products in recent years have been mostly under-licensed Korean cars and its own engine and range of cars. The chief executive (president or managing director) of SAIPA is Javad Tavasoli Mehr.

The main subsidiaries of SAIPA Group are Saipa Diesel, Pars Khodro and Zamyad Co.[7]

  1. ^ http://tse.ir/en/Instrument.html?IRO1SIPA0001 [bare URL]
  2. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2013-03-09. Retrieved 2012-02-21.{{cite web}}: CS1 maint: archived copy as title (link) Top 100 Iranian Companies
  3. ^ "ایران‌خودرو و سایپا؛ رکورددار کمترین‌ بهره‌وری‌ در جهان". Retrieved 2014-01-04.
  4. ^ a b "Company Overview of Société anonyme iranienne de production automobile". Bloomberg. Retrieved August 11, 2017.
  5. ^ "History". SAIPA. Retrieved August 11, 2017.
  6. ^ Marie & Étienne Christian (2014). 2CV Citroën - Ses dérivés, Baby Brousse, Dalat, FAF et autres (in French). L'Autodrome Éditions. ISBN 978-2-910434-39-7.
  7. ^ "Saipa". Archived from the original on 2010-04-14. Retrieved 2006-12-12. SAIPA Groups' Subsidiaries

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