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Porsche officially stops doing business in Iran
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MummyChunk
Apr 19, 2012, 7:50:34 PM4/19/12
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From AB
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withdrawn from Iran.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.
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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