TEHRAN, Iran, May. 9
Trend:
Iran’s Saipa car manufacturer may resume Pride production, said the country’s Deputy Minister of Industry, Mine and Trade Mehdi Sadeghi Niyaraki, Trend reports citing IRNA.
“The related decision makers may decide to continue Pride 131 production to balance the car market,” he said.
In recent days, deputy head of Saipa said that this automaker is ready to resume Pride sales to regulate the market pricing if necessary and with the consent of the top authorities.
"After the suspension of Pride production, its price in the open market has increased irrationally,” Hossein Kazemi, deputy head of Iran’s Saipa Group said referring to the sudden rise in Pride`s price in the market.
Three years ago, ISIRI and Iran’s Automotive Policymaking Council set new automotive standards and gave a two-year ultimatum to automakers to comply.
The production of vehicles that fail to comply with 83 automotive standards was expected to be halted by the end of 2018. SAIPA's Pride topped the elimination list.
In November 2019, Nayereh Pirouzbakht, the head of the Institute of Standards and Industrial Research of Iran, announced that the production of all Pride models will be halted by June 2020.
Policymakers and industry executives also promised to support the plan and help replace the scrapped vehicles with better quality vehicles. But it will be impossible to fulfill this plan in the absence of suitable alternatives.
