Iran News ...


Daimler Chrysler: We will stay in Iran

TEHRAN, Feb. 14 (ISNA)-Daimler Chrysler branch in Iran denounced all recent rumors spread by foreign news agencies, which had stated Daimler was to exit Iran.

Daimler Chrysler has announced that it will still remain in Iran's heavy and commercial machinery markets and even plans to cooperate with some of Iran's companies in producing a new commercial vehicle.

"Of course the market for our sedan products has faced a slight fall, but anyhow we will continue our production in Iran," said an informed official in Iran's Daimler Chrysler branch, while noting that within the past 6 months 100 class E sedans were produced in Iran.

Reuters had reported that Daimler Chrysler under the pressures of the U.S. had been forced to withdraw out of Iran.

C.N.N. had covered this story under "Daimler Chrysler escapes Iran".

Deutsche Welle had reported that the U.S. Secretary of State, Condoleezza Rice had warned Daimler Chrysler to withdraw out of Iran.

Another German magazine had written that Daimler Chrysler had decided to sell all its shares in Iran and to withdraw out of that country, which this was a result of the pressures forced upon this company by the U.S.

Of course this German company has transferred all its shares in the newly established joint venture company to Iran Khodro, which before this only possessed 50 percent of the shares.

Other German car producers such as Volkswagen also seem to be withdrawing out of the Iranian car market. This company, which produced a few thousand vehicles in Iran in 2005, from the period between March to September 2006 only delivered 700 Volkswagen Gols.

... Payvand News - 2/15/07 ... --

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