Made O'Meter
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Saipa is owned by Industrial Development & Renovation Organization of Iran (IDRO), headquartered in Iran. No. The ultimate owner of Saipa, Industrial Development & Renovation Organization of Iran (IDRO), is headquartered in Iran, not in the United States.
IDRO is a state-owned conglomerate in Iran that manages the country's industrialization process and holds the controlling interest in major automotive and heavy industry firms.
Saipa Group subsidiaries include Pars Khodro, Saipa Diesel, Zamyad Co., and Megamotor.
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