What does SAIPA mean in Business?
This page is about the meanings of the acronym/abbreviation/shorthand SAIPA in the field in general and in the Business terminology in particular.
Société Anonyme Iranienne de Production Automobile
see : http://en.wikipedia.org/wiki/SAIPA www.saipacorp.com
Submitted by cookiehuidanny on May 31, 2013
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Definition
What does SAIPA mean?
- 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) 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. The main subsidiaries of SAIPA Group are Saipa Diesel, Pars Khodro and Zamyad Co.
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"SAIPA." Abbreviations.com. STANDS4 LLC, 2024. Web. 2 May 2024. <https://www.abbreviations.com/term/1439043>.
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