Skip to comments.German Auto Giant Volkswagen is Pulling Out of Iran, Says US Ambassador
Posted on 09/20/2018 7:57:53 AM PDT by Olog-hai
In a significant symbolic blow to the Iranian regime, the Volkswagen Group the worlds biggest selling car manufacturer last year has reportedly agreed to end almost all of its operations in Iran, in line with the restoration of U.S. sanctions on Tehran.
The news was disclosed by U.S. Ambassador to Germany Richard Grenell, who since taking up his Berlin posting in May he presented his credentials on the same day President Trump announced the U.S. was exiting the Iran nuclear deal has been encouraging the host government to isolate Iran and urging German companies to stop doing business there. [ ]
The giant automaker, based in Wolfsburg, Germany, only returned to Iran last year more than 17 years after pulling out and began moving Passat sedans and Tiguan SUVs under contract to a large Iranian company, Mammut Khodro.
News that it will withdraw follows similar decisions by other major German companies, including Daimler, Siemens and just this week the chemical giant BASF.
(Excerpt) Read more at cnsnews.com ...
This is the best news I’ve heard about Germany in a decade... thanks Germans - welcome back...
Damn, that Obama continues to work overtime, for the love of America. Whatta guy....
I keep seeing a Commercial touting Electric Cars that is Sponsored by VW. No need for Iranian Oil I guess.
Does VW even make an Electric Car?
But but but, I thought the Yurps passed legislation to block the reimposition of sanctions by the US. ROTF!
They’re trying to get around SWIFT now.
Total WINNING. Germany is now America’s biatch.
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