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Volkswagen

Volkswagen

Industry: 
Automotive
Value of USG Contracts: 
2
Symbol: 
FWB:VOW
States: 
VA
Country: 
Germany
Sources: 

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"Last week, Qorbani announced that Benz, Volkswagen, Volvo, Fiat, Rover, Skoda, Renault, Peugeot, Kia and Toyota would take part in the Iranian auto expo, adding that the US car-manufacturers would also join the event. 'In case of desirable conditions, General Motors and Ford companies will also attend the event.' He continued that some leading car parts makers, including Siemens, FORD Mendo, Busch, FRW and ACI would attend the gathering. The event will start work on December 10." (Fars News, "55 Giant Int'l Carmakers, Part-Makers to Participate in Iranian Auto Expo," 11/2/14)

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Lamborghini is owned by Volkswagen. 

"So far Fiat, which owns Maserati, and Volkswagen Group, which owns Lamborghini, have not responded to The Algemeiner’s request for comment." (The Algemeiner, "Activists Call on Maserati and Lamborghini to End Business in Iran," 10/23/2012) 

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Suzuki is an affiliate of Volkswagen

Suzuki's Iranian partner Iran Khodro produced 4,393 Suzuki Grand Vitara vehicles during the Persian year ending March 19, 2012.  (Best Selling Cars, "Iran March 2012: Last good showing for Peugeot," 4/18/12)

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MAN SE is a subsidiary of Volkswagen

MAN SE lists six Iranian dealers for its commerical vehicles. (MAN Website, "MAN Dealership Search: Iran")

"German truck makers such as MAN SE and Daimler have been recalcitrant about ending their lucrative trade relationship with Iran. Dominique Nadelhofer, a MAN spokesman, told the Post his firm had dealt with its Nazi history and so met its responsibility toward Israel's security." (Jerusalem Post, "Berlin bans sale of trucks to Syria, Iran," 6/23/09)

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Audi is a wholly-owned subsidiary of Volkswagen

"Two European makers of luxury cars, Sweden's Volvo and Audi AG from Germany are reportedly to launch production lines in Iran by the next year.  As Khabar Online correspondent reports, the representatives of the two companies are currently in Tehran negotiating with a team of directorsof Iranian automaker companies and Iranian government representatives to reach an agreement on initiating production lines." (Khabaronline, "Volvo, Audi to launch production lines in Iran," 2010)

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Scania is a subsidiary of Volkswagen 

"Scania is a well know brand within Iran for more than 40 years...Scania works closely together with their two Iranian distributors, Oghab Afshan our distibutor for Scania bus chassis and industrial engines and Mammut Diesel our distributor for Scania trucks." (Scania: Iran)

The Scania global website lists a total of 34 dealers in Iran. (Scania Website, "Locate a Dealer:Iran")

 

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"Several renowned German companies are involved in major Iranian infrastructure projects, especially in the petrochemical sector, like Linde, BASF, Lurgi, Krupp, Siemens, ZF Friedrichshafen, Mercedes, Volkswagen and MAN." (Payvand Iran News, Iranian Exports to Germany rose 50% last year, 1/9/08)

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"Assembly plants manufacturing Peugeot, Citroen and Volkswagen (VW) models from imported completely knocked down (CKD) kits are also experiencing a sharp drop in production volumes. As a result of the sanctions covering dual-use technologies and the failure to provide letters of credit due to US pressure on European banks, Iranian carmakers are struggling to import parts from Europe." (Report Buyer, Iran Autos Report Q3 2008, July 2008)

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The Wolfsburg-based carmaker, Volkswagen is implementing plans to develop business on the market in Iran. A production plant is due to be set up by the end of this year in the Special Economic Zone Arg-e-Jadid near the city of Bam, which will assemble over 20 000 vehicles per year. (World Car Fans, Volkswagen taps into Iranian Market, 7/5/04)

Response: 

No response at this time.

Volkswagen subsidiaries and affiliates continue to maintain extensive business in Iran, including Lamborghini, MAN SE, Scania and Suzuki.