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  1. #1
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    Porsche says "NO" to Iran, stops doing business with the Middel Eastern Nation

    Tensions between Iran and the USA are high. What does this have to do with a German automotive company? Well, the group United Against Nuclear Iran (UANI) announced that Porsche is no longer doing business in Iran and has no intention to in the near future. The idea is that companies will put pressure on Iran to abandon their nuclear ambitions. UANI essentially is attempting to force businesses to choose between doing business with Iran or with the United States. Not surprisingly, Porsche sided with the American consumer.

    We do not believe forcing companies to choose one or the other is the right solution to this problem as tensions regarding the Iranian nuclear situation will only be heightened. Still, UANI is attempting to force more automakers to abandon Iran.

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    NEW YORK, Apr 16, 2012 (BUSINESS WIRE) -- On Monday, United Against Nuclear Iran (UANI) joined New York City Public Advocate Bill de Blasio in announcing that Porsche AG (Porsche) has ended its business in Iran.

    Porsche officials have confirmed that the company is no longer "engaged in any business or providing any goods or services in Iran," and "has no intention to conduct business in Iran in the near future."

    In a Monday statement, UANI CEO, Ambassador Mark D. Wallace, said:

    We applaud Porsche for ending its Iran business. We are satisfied with the pledges Porsche has made, and UANI will now list Porsche as being withdrawn from Iran. Porsche joins fellow automakers Hyundai and Karsan in having taken the responsible action of pulling out of Iran. Other automakers--including Fiat, Isuzu, Kia, Mazda, Mitsubishi, Nissan, Peugeot, Renault, Suzuki, Toyota and Volvo--must now follow suit, and end all business with the brutal Iranian regime.

    Said New York City Public Advocate Bill De Blasio:

    That's two down, eleven to go. I applaud Porsche for making the right decision. Consumers here have the power to force these companies out of Iran and tighten the screws on Tehran's regime. Our message is clear: you can do business with the Iranian regime or you can do business with the American consumer--but you can't do both.

    Last month, UANI and Iran180 joined Public Advocate de Blasio in announcing the launch of a new website, IranWatchList.com, and a corresponding consumer action campaign to pressure Porsche and 11 other automakers to end their business in Iran: Fiat, Isuzu, Kia, Mazda, Mitsubishi, Nissan, Peugeot, Renault, Suzuki, Toyota and Volvo.

    UANI also wrote to Porsche, and called on it to end its Iran business.

    UANI has developed model legislation, the DRIVE Act, to force auto manufacturers to choose between American taxpayers and the regime. The DRIVE Act requires automakers to certify they are not engaged in any business in Iran, or engaged in the implementation of any agreement with Iranian entities in order to be eligible for U.S. government contracts or financial assistance.

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    1 out of 1 members liked this post. Yes Reputation No
    Lol this won't stop private sales.

  3. #3
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    Not very far from Iran to Saudi Arabia. Or the UAE
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    Click here to enlarge Originally Posted by blkclk550 Click here to enlarge
    Lol this won't stop private sales.
    It's more of a public relations thing.

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  5. #5
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    Good for Porsche.

  6. #6
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    Well, sad news. It's all due having a monkey as a president.
    Click here to enlarge Originally Posted by blkclk550 Click here to enlarge
    Lol this won't stop private sales.
    Exactly. Toyota said from the very first day that they want to deal with Iran at all, But Toyota cars here than pretty much any other brand.

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