For more than a decade, Iran’s state media has been highlighting the role the Islamic Revolutionary Guard Corps (IRGC) has played in the country’s automobile manufacturing industry.
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Saipa Corporation – Involved In
Iran’s guards poised to enter Country’s 15 Billion dollars auto industry
The Chief-Commander of the Islamic Revolution Guards Corps' (IRGC) Aerospace Force, Brigadier General Amir Ali Hajizadeh, said on Tuesday, June 9, that the IRGC will transfer its research experiences ...
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Iran to spend 1 Billion dollars from reserves To prop up its Ailing Automakers
Iran has decided to channel one billion dollars from its national reserves to prop up its ailing automakers amid a deep economic crisis gripping the country since 2018.
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Iran and the uncontrolled tsunami of liquidity
Registration of five million people to participate in the car pre-purchase lottery seems to be a world record that the state-run Iran Khodro and Saipa car companies can record ...
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White-Collar criminals in power in Iran
Over the past two years, domestic car prices in Iran have risen in an unprecedented and staggering manner due to institutionalized corruption in the automotive industry and the involvement ...
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Iran sentences couple to death over money laundering
A special anti-corruption court in Iran has sentenced a couple to death on money laundering and other charges, the judiciary said Tuesday.
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