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This Company was established in 2006 in Venezuela in joint venture of AIDCO and the Venezuelan company "Corpivensa" as an affiliate company to the ministry of industry and commerce of Venezuela. The aim of establishing Venirauto is to produce different automotives such as: "SAMAND" passenger car produced under the commercial name of "Centauro" and "SAIPA141" and "SAIPA132" under the commercial name of "Turpial ".
The combination of Venirauto Company shares are as following:
AIDCO Company : 36%
Corpivensa Company : 64%

This plant was established and executed by Iranian Especialists as for the first time; two major automotive manufacturers in Iran are producing their products in a factory.
Maximum annual production capacity of this plant is 10,000 sets in one working shift.