Official statistics show a 6% decrease in Saipa’s automotive output in the first 11 months of this calendar year starting March 21.
During this period, Saipa produced a total of 265,000 various types of vehicles, compared to 282,000 produced in the same period last year, indicating a significant decline in the company's production output.
Upon a decision by Saipa's management board, Teymouri has been replaced with Javad Tavassoli Mehr, who had previously served as the CEO of Iran Khodro Diesel Company.
Teymouri had promised that Saipa would reach a record production of 800,000 cars this year.
4353**2050
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