Iran's SAIPA has no plans to halt production line of Pride
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Managing Director of the Iranian Automaker Group SAIPA Mohsen
Jahroudi said the company has no plans to shut down the production
line of its infamous Pride car model.
The production line of Pride will not be halted as it is being
exported to neighboring Iraq in high numbers annually, Jahroudi
told reporters in Tehran on May 1.
SAIPA’s Pride has long been on the top of the sin list whenever
there is talk of halting production of low quality cars. The
vehicle is notorious for poor mileage, high emission rate, and
simply put, a major road hazard.
He added that the low quality vehicle will be phased out of the
country’s domestic market, in the future, after all the necessary
arrangements are made.
"Some 22,000 units were exported to Iraq in 2017 with a price of
$4,250 each," Jahroudi said.
The vehicles exported to the neighboring country are equipped with
two airbags and ABS, he further said, adding exporting Pride cars
to the Arab country has become a profitable business for the
Islamic Republic.
Iran’s second largest auto manufacturer and its subsidiaries
produced 457,967 vehicles during the first ten months of 2017.
The automotive group — which includes SAIPA, Pars Khodro, Zamyad
and SAIPA Diesel — sold 440,757 units during the ten-month
period.
During the period the four companies earned 120 trillion rials
($3.1 billion) in overall revenue. SAIPA had the biggest share of
this income with 67% followed by Pars Khodro - with 26 percent,
Zamyad - 4 percent, and SAIPA Diesel - 3 percent.
SAIPA’s X100 platform better known as the Pride and whose quality
is long under a question mark, continued to lead in overall
production with 233,867 units produced and 232,225 units sold in
ten months.
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