• Apr 18, 2012
Iran just became a bit less interesting for automotive enthusiasts with the announcement by Porsche that it will no longer do business there. The announcement was made Monday by United Against Nuclear Iran and New York Public Advocate Bill De Blasio.

"Consumers here have the power to force these companies out of Iran and tighten the screws on Tehran's regime," De Blasio said in the statement. "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."

This follows news that Hyundai will also stop selling or servicing its cars in Iran. But despite the ongoing international embargo against Iran, car shoppers there still have plenty manufacturers from which to choose. Fiat, Isuzu, Kia, Mazda, Mitsubishi, Nissan, Peugeot, Renault, Suzuki, Toyota and Volvo are all still selling and/or servicing their models there. Sadly, for Iranians, nothing on par with Porsche.

But then again, most Iranians aren't exactly flush with cash. A Bloomberg report from March says car sales in Iran were down 20 percent with prices up by about the same amount. For example, an imported Lexus RX350 sells for about $151,000 over there. Even in good times, that's a tough monthly payment for the average Iranian. In that same report, a Tehran car dealer said he hasn't replenished his stock of Porsche models for months because no one can afford them.

So either for political or economic reasons, we may soon see other carmakers pulling out of the Iranian car market. Check out the UANI press release below.
Show full PR text
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 We are satisfied with the pledges Porsche has made, and UANI will now list Porsche as being withdrawn from Iran.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.


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 53 Comments
      dirtyblueshirt
      • 2 Years Ago
      Huyndai is discontinuing service and sales... but Kia remains. Go figure.
      mikelee
      • 2 Years Ago
      Just curious . . . is there a Porsche dealership in Israel?
        dukeisduke
        • 2 Years Ago
        @mikelee
        Yes, there's one in Petah Tikva, that opened in 2005 (from the Porsche Israel Web site).
        Carbon Fibre
        • 2 Years Ago
        @mikelee
        Your with Iran or Israel? Can't be ignorantly in the middle.
      desinerd1
      • 2 Years Ago
      Lexus RX350 costs $151K in Iran? I wonder how much do the Porsche cost there.
        Steve
        • 2 Years Ago
        @desinerd1
        worse part is that, there is no such thing as financing a car. You pay cash for these kinds of cars there.
        Rambo Hossini
        • 1 Year Ago
        @desinerd1
        start from 300,000 dolars!
        Rambo Hossini
        • 1 Year Ago
        @desinerd1
        Steve is right! No finance, No lease, Just Cash! But still Tehran is experiencing Luxury and exotic overflow, surprising!
        MarbleKnight
        • 2 Years Ago
        @desinerd1
        Yes, cars in Iran are double, even triple the price for the exact same car in the states.
      mas
      • 2 Years Ago
      the loss of Hyundai will be more damaging. Those are the taxis, police cars, 4X4's, and cars for their middle class. If you can afford a Porsche, you can afford a Porsche on the black market, which might make Porsches even more prestigious in Iran.
      Richard
      • 2 Years Ago
      That's ok - all the Iranians buying Porsches live in Great Neck NY or Beverly Hills CA anyway....
      ah_maxima
      • 2 Years Ago
      yup... cut them supplies, destroy their trade, collapse their economy so then they have nothing to lose when starting a war. And when they do start a war, blame it on them and wipe them off. And if you need proof of this happening in history before, this is precisely what happened with Germany after WWI, and what did it push Hitler to do? Do that to someone mentally unstable, and you'll have WWII. Also De Blasio should focus things on bigger and more important things at the moment, how about cutting trade with Syria who's mass killing their own citizens... Some of these groups and ppl have way too much time on their hands.
        Rick C.
        • 2 Years Ago
        @ah_maxima
        Historically valid point. But consider the flip side of 'the nothing to lose' scenario. They block just a little oil being transported and the US and Europe slip into serious depressions. Who just won?
          sirjaysmith
          • 2 Years Ago
          @Rick C.
          thank goodness the majority of US oil DOESN'T come from the middle east......
      protovici
      • 2 Years Ago
      Shouldn't of this taken place decades ago with every other industry?? Hang'em financially and block their food supply, that just might give them a reason not to start sh*t.
        Sean Conrad
        • 2 Years Ago
        @protovici
        They're not starting ****, we are.
          Jake
          • 2 Years Ago
          @Sean Conrad
          Yeah, Iran would never start sh*t by supporting terrorists all over the place. We would really be better off if they have nukes.
          Carbon Fibre
          • 2 Years Ago
          @Sean Conrad
          Wtf are you talking about. If we don't do **** we'd be the most hypocrite country of all time. Don't be an ignorant demy idiot.
        Thipps
        • 2 Years Ago
        @protovici
        who started what? last time i checked it was our CIA in 1953...
          Jake
          • 2 Years Ago
          @Thipps
          Look a little bit further back...
        protovici
        • 2 Years Ago
        @protovici
        LOL I love to see the replies. I guess its better to see Iran with a few nukes. Oh, look at North Korea, actually look at who is in office. That would answer your statement. Once a great man stated "Peace through strength."
      Florg
      • 2 Years Ago
      Let's take away everything they have to lose. That way the Iranian people wont want war at all.
      R3TRO
      • 2 Years Ago
      I can guarantee that if they were selling like hotcakes, they'd still be there. They probably had to exit because of poor sales (already stated in article), and decided to look good doing it. Please, companies ONLY exist to make money, seldom are ethics considered.
      desinerd1
      • 2 Years Ago
      sure, not having any ugly Porsches will make Iran stop it's nuclear program.
      Dayv
      • 2 Years Ago
      Hopefully these companies will be consistent and also stop selling automobiles in USA, Russia, Israel, Pakistan, UK, and every other country that has or is seeking nuclear technology.
      Avinash Machado
      • 2 Years Ago
      It all goes back to the time of the Eisenhower administration and the CIA coup.
    • Load More Comments