Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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Daimler-Khodro Contract (Halted)

description

Daimler has recently withdrawn its application to export vehicles to Iran and its business in country will be limited to only fulfilling contractual obligations. Furthermore, it will be divesting itself from its 30% stake in Iranian Diesel Engine Manufacturing, a subsidiary of Iranian Khodro Diesel, and will halt its relationship with the company. 

Status

  • Current Status:
  • Discussion Date:
  • Contract Date:
  • Completion Date:

Citation

1. "Daimler Leaves Iran for Political Reasons", UPI, April 14, 2010, available at http://www.upi.com/Top_News/Special/2010/04/14/Daimler-leaves-Iran-for-p...

2. "Daimler cuts links with Iran over political situation", BBC News, April 14, 2010, available at http://news.bbc.co.uk/2/hi/business/8619762.stm

All projects by Daimler