TEHRAN - Statistics show that SAIPA Diesel, as a subsidiary of Iran’s largest state-owned automaker, managed to surpass its total production of last year with an unprecedented leap in the first quarter of this year.
By June 30, the company was able to surpass its total production record of last year with a stunning 678% growth in production by producing 755 commercial vehicles.
SAIPA Diesel, as a subsidiary of the SAIPA Automotive Group, which is currently Iran’s largest state-owned automaker, was able to surpass its total production of the last year in the first quarter of this year with an unprecedented leap.
By June 30 this year, the company was able to surpass its production record of last year, which was 748 vehicles, while in the same period last year, only 97 vehicles were produced in this company, and the statistics indicate a stunning 678% growth in production.
This record-breaking achievement occurred while the commercial vehicle industry has faced challenges like currency fluctuations and parts supply problems in recent years.
SAIPA Company was established in 1966 under the name of Citroën Automobile Production Joint Stock Company of Iran and started its official activity by producing several kinds of Dyane models.
Currently, this automotive group with more than 80 companies manages 40 thousand personnel directly and indirectly through its first and second tier companies. SAIPA Group has the capacity to produce about one million units in 7 sites of the car manufacturing company; 4 plants produce passenger cars under the brands of SAIPA, Pars Khodro, SAIPA-Citroën and Bon Ro; 3 Plants produce light and heavy commercial vehicles under the brands of SAIPA Diesel, Zamyad, and Iran Kaveh.
12 companies belong to SAIPA Group that supply more than 50% of the parts and components needs of this group who are Megamotor, SAIPA Malleable, SAIPA Plascokar, SAIPA Azin, SAIPA Press, SAIPA Heavy Dies manufacturing Co., Iran Radiator, SAIPA Teiph, Indamine Shock Absorber, SAIPA Glass, Zar Springs and SAIPA Rings. SAIPA Group manages its supply network with more than a thousand suppliers in the country through SAIPA Sazeh Gostar and Megamotor companies.