Iran's SAIPA signs $497 million car deal with Russia, Belarus - Al-Monitor: The Middle Eastʼs leading independent news source since 2012

Al-Monitor Staff

Al-Monitor Staff

May 3, 2023

Iranian employees of Saipa auto plant assemble a Tiba (Gazelle) car in the central city of Kashan on May 9, 2010. Iranian President Mahmoud Ahmadinejad inaugurated the largest automobile factory in the Middle East with a capacity of producing 150,000 cars a year, creating 4,000 jobs directly and 20,000 indirectly in the region. The Saipa factory will produce a new small car called Tiba costing between 80 and 90 million Rials (8,000 to 9,000 USD) for lower-middle class population. AFP PHOTO/ISNA/ALIREZA SOTA — Iranian employees of Saipa auto plant assemble a Tiba (Gazelle) car in the central city of Kashan on May 9, 2010. — ALIREZA SOTAKBAR/AFP via Getty Images

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