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Bowing to Pressure, Fiat Suspends Business in Iran
The auto industry represents 20% of Iran’s GDP that is dominated by the Islamic Revolutionary Guard Corps. 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. Continue reading
Posted in auto news, news, news analysis, transportation
Tagged auto informed, autoinformed.com, automotive news, iran, iran boycott, Ken Zino, nuclear weapons, uani
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