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    Sanctions perk up Iranian car industry

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    PressTV

    by PressTV

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    Saipa rolls out three new cars for the spring. Saipa’s sub-brand 151 van, Tiba 211 and a new class of Kia Pride with automated manual transition were unveiled at the presence of high-ranking officials and industrialists, including lawmakers, vice president and commerce minister. Addressing the inauguration ceremony at Saipa’s central plant in Tehran, Vice President Rahimi said the Iranian carmaker has managed to tackle the unilateral sanctions regime imposed by the West.