SAIPA

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) was established in 1965 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 when Citroën withdrew from the company. 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 Mohammadali Teimouri.

For other uses, see Saipa (disambiguation).
Saipa Motor Corporation
Company typePublic company
TSE: k
ISIN: IRO1SIPA0001
IndustryAutomotive
Founded1965 (1965)
HeadquartersTehran, Iran
Key people
Products
Revenue US$ 21.7 billion (2023)
Owner
Number of employees
48,000 (2012)
SubsidiariesSaipa Diesel
Pars Khodro
Zamyad Co.
SAIPA CITROËN
Websitewww.saipacorp.com

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

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