Supply of 4 new engine models until the end of 1402 in Saipa

Company news; to report Saipan NewsThis visit, which was carried out with the aim of reviewing Megamotor’s research and development plans, goals and performance, informs the special attention of the group’s senior management to the future of Saipa Group’s driving forces.

The CEO of Saipa Automotive Group, after a meeting with the CEO, the board of directors and the vice presidents of engineering, research and development and quality of Megamotor, during a visit to the vice president of research and development, emphasizing the position of this company as a tier one company and the only one. Tiering Sanat Khodro Company, with the characteristic of knowledge-based research and development and supply chain and financial chain in the supply of driving forces of Saipa Group, said: Megamotor is the first and only engine, gearbox and axle assembly in Iran and the Middle East, which carries out all the processes from design to production in His collection does.

He added: Megamotor must fulfill its main mission, which is research and development, financial and supply chain, with financial support and attracting elites during the next 2 years.

Mohammad Ali Timuri, emphasizing the importance of the engine in the car, said: the strict standards and laws that rule in the automobile industry are generally applied to the engine, and based on the latest laws that have been approved, we should be able to reduce fuel consumption by 5% per year.

He emphasized: With the determination that exists in Megamotor, we will soon witness major changes in the driving forces of Saipa Group, which is one of Saipa’s expectations from Megamotor’s research and development team.

Timuri further said: Saipa has strengthened three models of the financial chain in the company in order to support Megamotor’s performance, in the first phase of step bonds, the second phase of tripartite memorandums, and finally the SCF of the financial chain, which by implementing these three steps Tiering will be fully implemented in Megamotor.

He emphasized: During this period, the first two models have been implemented and we are currently trying to implement the financial chain with the implementation of SCF. In the next phase, 80 percent of component manufacturers and in 1402 all component manufacturers should be able to work with this model.

At the end, referring to the development of Saipa’s product portfolio, Timuri added: “The design of the development of Saipa’s product portfolio is finished and we are investing in Aria, Atlas, Sahand and Shahin Plus body molds, which will not change in the Shahin car.”

He emphasized: “During the meeting we had with the senior managers of Megamotor, we agreed to launch 4 new engines for Saipa Group products from the second 6 months of 2012 to the end of the next year with the schedule provided by Megamotor.”

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