Tehran, Iran – Iran’s second-largest carmaker, Saipa, has successfully delivered another batch of cars to Venezuela as part of an automotive export and joint manufacturing deal signed during a visit by Iranian President Ebrahim Raeisi to Caracas in early June.
According to a statement released by Saipa on Wednesday, the shipment consisted of 1,000 completely build-up (CBU) cars, which were sent to Venezuela during the Iranian calendar month ending in late June. The delivery included 700 Quik ST and 300 Saina S models, along with six containers of spare parts.
This is the second shipment of Saipa cars to Venezuela, and the market response has been positive. The first batch of cars sent in March received a warm reception from Venezuelan customers.The company managed to deliver the new shipment within a short period of only 20 days after receiving orders from the buyers.
As per the agreement between the two countries, Iran will supply a total of 200,000 cars to customers in Venezuela over the next five years. This includes both finished cars exported from Iran and cars manufactured in a joint plant established in Venezuela.
Venezuelan authorities had previously reported around 80,000 orders for Saipa-manufactured cars in the country as of November the previous year.
Saipa, in collaboration with Iran’s largest carmaker IKCO, jointly owns 36 percent of the shares at the Venezuelan Iranian Automotive Company (Venirauto). The company, which had been inactive for about eight years, is now set to resume operations.
Saipa has also agreed to assist in operations at another idle car factory in Venezuela. This move aims to support the country’s efforts in expanding the production of commercial vehicles and trucks, bolstering its automotive industry.