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Saipa

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)[3] was established in 1965[4] 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[3] when the Iranian state withdrew from the company.[5] 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 Solaimani, predecessor of whom was Mohammadreza Soroush.

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