SAIPA
Also known as Saipa Motor Co, Saipa Corporation
SAIPA () is an Iranian automaker headquartered in Tehran. Originally established in 1965 as SAIPAC (an acronym for the French Société Anonyme Iranienne de Production des Automobiles Citroën, lit. Iranian Limited Company for the Production of Citroën Automobiles), the company was created with 75% Iranian ownership to assemble Citroën vehicles under license for the Iranian market. Following Citroën's withdrawal in 1975, the company changed its name to SAIPA (Société Anonyme Iranienne de Production Automobile) and has since evolved into Iran's second-largest automaker.
Key facts
- Company.name
- Saipa Motor Corporation
- Company.logo
- SAIPA-wiki.png
- Company.logo_size
- 180
- Company.type
- Public company
- Company.traded_as
- TSE: ISIN: IRO1SIPA0001
- Company.location
- Tehran, Iran
- Company.area_served
- Iran, Russia, Venezuela, Africa
- Company.industry
- Automotive
- Company.revenue
- US$21.7 billion (2023)
- Company.num_employees
- 48,000 (2012)
- Company.footnotes
- The company was legally classified as "at risk of bankruptcy" under Article 141 of Iran's trade law due to accumulated losses exceeding its capital. As of March 2025, capital increases have partially mitigated this regulatory status, though oversight continues.
via Wikipedia infobox
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Car manufacturers of IranCompanies in the TSE TEFIX-30Companies listed on the Tehran Stock ExchangeEngine manufacturers of IranIranian brandsIranian companies established in 1965Manufacturing companies based in TehranMotor vehicle engine manufacturersVehicle manufacturing companies established in 1965