Friday, May 25, 2012

Fiat suspends sales to Iran, cites diplomacy issues

Fiat suspends sales to Iran, cites diplomacy issues

Fiat, Italy's largest automaker and the company in control of Chrysler, has announced that it is suspending sales to Iran amidst a wave of global sanctions against the Middle Eastern country's nuclear efforts. The automaker says this includes passenger cars, trucks and buses under its Iveco brand. The automaker said it will honor a limited number of binding contracts but would stop exporting any cars or parts to Iran immediately.

Autoblog, Fiat suspends sales to Iran, cites diplomacy issues

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