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Company type | Public company |
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TSE:[1] k ISIN: IRO1SIPA0001 | |
Industry | Automotive |
Founded | 1965 |
Headquarters | Tehran, Iran |
Key people | |
Products |
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Revenue | ![]() |
Owner | |
Number of employees | 48,000 (2012)[3] |
Subsidiaries | Saipa Diesel Pars Khodro Zamyad Co. SAIPA CITROËN |
Website | www.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]
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: CS1 maint: archived copy as title (link) Top 100 Iranian Companies