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BBC: Daimler is to divest its 30% stake in an engine company in Iran as part of a wider review of links to the country.
The German carmaker's chief executive, Dieter Zetsche, said Tehran's political policies were behind the move.
"In view of the current political situation we have... extensively reassessed this business relationship," Mr Zetsche said.
Companies in Europe and America have faced pressure to review their Iran links because of its nuclear plans.
Mr Zetsche made no mention of Iran's nuclear development programme in his speech at Daimler's annual shareholder meeting.
But he said: "The policies of the current Iranian leadership have compelled us to put our business relationship with that country on a new footing. None of these measures are directed against the Iranian people." >>>
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This is so funny
by I Have a Crush on Alex Trebek on Thu Apr 15, 2010 01:26 PM PDTSo a luxury car company is leaving Iran in protest? That's hilarious. Just too funny. Over politics? I don't believe it. Suddenly Mercedes Benz is involved in politics? Maybe they know a war is coming. Israelis are generally anti-Benz, thinking that a boycott of Germany is still necessary. lol lol lol.
I wonder when Dick Cheney's Halliburton and subsidiaries will decide to pack up and leave? I guess they should just stay to make their billions after the invasion of Iran. Woo hoo!!
For 30 Years Benz has been violating sanctions on Iran...
by eroonman on Thu Apr 15, 2010 10:32 AM PDTKhob, no wonder...
Are there any other German companies that have sold to Iran? Maybe something remotely related to possibly, say, nuclear enrichment?
Nah! That's impossible.
oh my....
by shushtari on Thu Apr 15, 2010 08:39 AM PDTnow the poor akhoonds have to drive bullet proof peykans!!! LOL
I challenge ali ye dast to drive in a normal peykan....and see if he lives for 20 min.. LOL
this is great news.....one by one, the big companies are leaving the akhoonds.....better late than never....pretty soon the changoolees have to leave iran too LOL
I'll bet they were
by Sargord Pirouz on Thu Apr 15, 2010 07:57 AM PDTI'll bet they were politically pressured, and I'll bet privately they're not happy about it.
Just more Iranian money for Chinese and Iranian automotive products.
Who's next?
by Free on Thu Apr 15, 2010 06:45 AM PDTNokia?
Yeah, right. Perverse European mercantalism at its absolute worst, that's Nokia-Siemens for you, Siemens being German as well.
Who is going to buy their
by prsch on Thu Apr 15, 2010 06:06 AM PDTWho is going to buy their stake? For what price? Good luck to them... Sepah might buy their 30% for pennies on the dollar, making them stronger.
Damn to all Zionist entities
by Mashty on Thu Apr 15, 2010 05:09 AM PDTLet them rot in hell. they need money more than iran because that's all they live for. they are businesses and if they want to act like zionist agents, then let them go to hell. fvck them. suites zionits well to have a symbol of nazis support them.
why do the mollahs need mecedes? isn't it unislamic?
by obama on Wed Apr 14, 2010 09:04 PM PDTand the game goes on to overthrow the regime. too little.
About freaking time!
by Arthimis on Wed Apr 14, 2010 06:41 PM PDTFor all these European business Giants to put their money where their mouth is!!! Companies like them have already made billions off of Iran... It's time to join the imprisoned Iranians and the concerned world to put pressure on all aspects of S.R.O.I's already damaged economy and bring them down to their filthy knees!!!