SAIPA exports first consignment of Rio to Syria

SAIPA plans to export 3,000 Rio passenger cars at 120-130 million rials each, by the end of the current Iranian year, falling on March 20, 2007, the report added.

According to evaluations made, Syrian markets demands for Rio stands at 5,000 per annum, and SAIPA will meet the demands.  

SAIPA has so far exported 30,000 Iranian passenger car of Pride to Syria as well. The company also exported its first consignment of Saipa 141 auto’s parts to Venezuela in September. These suggest SAIPA is going to take a larger share of Iran’s car exports.

FK/MA

END

MNA