TEHRAN, Apr. 22 (Mehr News Agency) - Iran's No.2 giant automaker was listed in the 100 top
companies of the Middle East. SAIPA
stands at 89th place of the Middle East Economic Digest's (MEED) list in terms
of market volume.

SAIPA is the second largest Iranian auto
manufacturer that was established in 1966. The company on November unveiled
Iran's first all-Iranian produced sedan, Miniator. The car has been designed and
produced by domestic experts. In its production the services of some 122 local
manufacturers have been utilized and about 810 parts have been produced.
The main subsidiaries of SAIPA Group are SAIPA
Diesel, Pars Khodro and Zamyad.
... Payvand News - 04/23/09 ... --
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