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View Full Version : BMWs Languishing at Iran Dealers as Sanctions Boost Costs: Cars - Bloomberg



NewsWhore
03-26-2012, 07:10 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGPzFNhDszd4TRFRAUSzSQyHfNIUw&url=http://www.bloomberg.com/news/2012-03-26/bmws-languishing-at-iran-dealers-as-sanctions-boost-costs-cars.html)


BMWs Languishing at Iran Dealers as Sanctions Boost Costs: Cars (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGPzFNhDszd4TRFRAUSzSQyHfNIUw&url=http://www.bloomberg.com/news/2012-03-26/bmws-languishing-at-iran-dealers-as-sanctions-boost-costs-cars.html)
Bloomberg
Demand for European and Asian cars has plunged as sanctions imposed by the US and the European Union on Iran restrict access to foreign currency, making the vehicles hard to come by and raising prices beyond the means of most Iranians.

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