UANI

"The Persian Gulf country will buy two Ukrainian-made Antonov-158s, after a test flight of the aircraft earlier this month, Mohammad-Ali Sirati, managing director of the Iranian aircraft company, was cited as saying by the official Islamic Republic News Agency. The countries then will start to jointly build the aircraft next year, Sirati, whose company will be in charge of the project, said in Tehran yesterday. Some 30 percent of each plane will be made in Iran, state-run media reported." (Business Week, "Iran Says Antonov-158 Built With Ukraine May Fly in 2013," 10/6/2011)

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Antonov lists on its website that their AN-24 turboprop aircraft is serially produced at HESA plant in Isfahan, Iran. (Antonov website)

"Toyota Motor Corp (7203.T) said on Wednesday it had suspended auto exports to Iran indefinitely since June, amid growing international scrutiny of companies dealing with the country." (Reuters, "Toyota says halted exports to Iran since June," 8/11/2010)

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"Sales of Toyota vehicles in Iran are handled by an independent Iranian company, and over the last five years, Toyota’s sales there represented less than a 1 percent share of the Iranian market, said a company spokesperson, Mira Sleilati." Toyota was the recipient of $154.4 million in US funds and revenues to conduct business in Iran.  Their business activities in Iran are active.  (The New York Times, "Profiting from Iran, and the U.S.", 3/6/2010)

Hyundai Motor and several of its subsidiaries and affiliates have reported business dealings with Iran, including:

• Hyundai Rotem: 57.64% owned – sale of rail cars
• Hyundai HYSCO: 26.1% owned, primary shareholder; 13.9% owned by Kia Motors, second largest shareholder – sales of steel pipes
• Hyundai Mobis: 16.88% owned by primary shareholder Kia Motors – equipment for auto manufacturing
• Hyundai Oil Bank: 4.35% owned, second largest shareholder – purchase of Iranian crude oil

Hyundai Motor's business in Iran can be broken down into exports, manufacture, and orders:

Exports

Hyundai sells passenger cars through Assan Motors, its exclusive distributor in Iran since 1992. Assan trumpets its “tremendous growth” in recent years. The Hyundai Iran website also features dozens of Iranian dealerships that sell Hyundai vehicles.

Business Monitor’s “Iran Autos Report Q4 2010” (September 2010) reports as of February 2010, Hyundai Motors was only one of six carmakers that have secured license to import cars into Iran. In August 2010, Hyundai reportedly ceased vehicle exports to Iran.

In July 2011, the Korean daily JoongAng reported that due to pressure from United Against Nuclear Iran, Hyundai had ceased its exports to Iran for two months in early 2011 but quickly reversed course: "In February, Hyundai Motor and Kia Motors - both affiliates of Hyundai Motor Group - stopped shipping automobiles to Iran after the companies came under pressure from United Against Nuclear Iran (UANI), an American lobby group, for not complying with U.S. sanctions. In April, they reversed track, saying it 'wasn’t right' that they continue to withhold their products from Iranians. It was the first time that the Korean company decided to stop exports due to political pressure from a third party or country."

Manufacture

In 2004, the first Iranian-made Hyundai vehicles were produced with local partner Kerman Motor Company. The Hyundai Verna model was initially set at 20,000-30,000 units per annum (upa) with plans to be increased to 100,000 upa. (World Markets Analysis, “First Iranian-Made Hyundai Models Rolled Out in Kerman,” 9/9/04)

The “CKD [Complete Knock Down] assembly facility” with Rayen Vehicle Manufacturing Company (RVMCO) in Tehran manufactures the Hyundai Accent and Elantra. CKD refers to a kit (e.g. engine, transmission, battery, etc.) used by foreign affiliates to assemble manufactured goods.

The Iran Khodro Diesel Co. (IKDC), a manufacturer of commercial vehicles (trucks, buses, minibuses, vans), produces the Hyundai Mighty (Light Truck) and Hyundai Chorus (Minibus).

In July 2009, it was reported the auto-manufacturing companies Kerman Khodro and Rain Khodrosazan would introduce Hyundai’s smallest car, the i10. Rain Khodrosazan reportedly also manufactures the Hyundai Avante, Verna and Sonata.

Orders

August 2010: Reports indicated that Hyundai Motors and Kia Motors had shipped a total of 17,000 vehicles to Iran during the first half of the year before suspending their exports.

September 2006: Reuters reported that Hyundai Motor won a $227 million order to supply vehicles to Iranian government agencies and taxi operators. The models supply included sedans and SUVs. In 2007, it was expected Hyundai would also be rewarded another 8,500-unit order.

Hyundai Rotem in Iran
57.64% owned

Hyundai Rotem is a Korean manufacturer of rolling stock, defense products and plant equipment.

• 2004: Hyundai Rotem won a contract to deliver 150 DMUs (diesel multiple units/railcars) to the Islamic Republic of Iran Railways. The deliveries were scheduled for between 2007-2009.
• 2004: In consortium with the Marebuni Corporation, Hyundai Roten won a 110 million euro for 120 Diesel Multiple Unit (DMU) cars from Irankhodro Rail Industries Company (IRICO). The delivery was scheduled the beginning of 2007 through to 2008. (Rotem Website)
• Iran is listed as one of their “Global Markets” for “Railway Systems.” 

U.S. Government Business

Hyundai Motors received over $14.7 million in U.S. government contracts this past decade.

Karsan Otomotiv is Turkey’s only multi-branded commercial vehicle producer. Karsan’s website notes that it “makes the production of Peugeot Partner under Peugeot license, Hyundai HD 35/75 under Hyundai license, Renault Trucks Premium Uzunyol, Premium Lander and Kerax under Renault Trucks license, Citroen Berlingo under Citroen license and J9 Premier under its own brand.” Karsan was ranked 267th in the list of “Turkey’s Top 500 Industrial Organizations” in 2008. (Company Website)

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On March 9, 2011, following extensive discussions, UANI announced that Karsan had ended its business in Iran. Karsan had demonstrated that it had withdrawn from Iran and committed to foregoing any business in Iran until such time as Iran fulfills its obligations to the international community related to its illegal nuclear program. (UANI, "UANI Applauds Turkish Company Karsan for Ending Its Business in Iran," 3/9/11)

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Karsan entered into a five-year exclusive distribution agreement in 2007 with Iran’s Sanat Khuodro Kamau to export J9 minibus models to Iran. (Karsan Report, May 10, 2007)

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A Karsan company report on February 15, 2008, notes that the company “signed a contract to export J9 Premier to Iran, which will be sold to some Middle East countries via Iran.”

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A July 2010 press release indicated that the updated J10 model would be sold in Iran, Syria, and African countries. (Press Release)

 "American International Group is likely to gain 'tens of millions of dollars' from the initial public offering of a Chinese automaker that does business with Iran, the South China Morning Post reported. AIG, through a unit, owns 13.5 percent in Chongqing-based Lifan Industry Group Co., which exports motorcycles to Iran and where a local factory has a licensing agreement to assemble Lifan's cars from imported kits, the Hong Kong-based English- language newspaper reported today, citing Mark Herr, AIG's New York-based vice-president of media relations." (Bloomberg, "AIG Will Gain from IPO of China Motor Exporter to Iran," 10/14/2010) 

"Iran Khodro, the country's largest automaker, aims to quadruple to 60,000 the number of cars it assembles each year in a venture with the Venezuelan government, in a sign of deepening commercial ties between two U.S. foes. Venirauto Industrias CA is owned by the Venezuelans, Iran Khodro and Iran's second-biggest carmaker, the Saipa Group, Iran Khodro's export deputy, Yaser Seifvand, said in an interview yesterday at his company's headquarters outside Tehran. The South American plant's current annual output is 16,000 vehicles, Seifvand said." (Bloomberg, "Iran Khodoro to Make More Cars in Senegal, Venezuela," 10/11/2010)

A division of Durr AG, Durr Somac, lists a sales office in Iran. (Company Website)

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Additionally, a subsidiary of Durr AG, Carl Schenck AG, also lists an office in Iran. (Company Website)

Schenck Worldwide lists a sales office in Iran. (Company Website)

 The Europe to the Middle East and India trade combines main load ports in Europe with destinations in the Red Sea, Persian Gulf and India. Apart from our direct ports in the Middle East area, we also serve Iran and Iraq on a transhipment basis, utilizing our own tonnage from Jebel Ali. With the extensive Höegh network, we can furthermore offer shipment out of several Mediterranean ports to the Middle East.

 The main destinations in the Red sea and the Persian Gulf are served with an average frequency of two sailings per month. Exceptions are Aqaba - Jordan and Mersin - Turkey, which are served on a monthly basis. Iran and Iraq are also served monthly, but with transhipment. Destinations in India are presently called upon on a monthly basis. (Company Website)

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Höegh Autoliners and A.P. Moller – Maersk A/S has announced their agreement for A.P. Moller – Maersk A/S to become a shareholder in Höegh Autoliners holding 37.5 per cent of the shares effective from 1 January 2008. Leif Höegh & Co Limited will retain the position as majority shareholder in Höegh Autoliners. At the same time Höegh Autoliners acquires A. P. Moller - Maersk’s fleet of 18 car carriers (including six newbuildings). (Company Website)

Suzuki is a Japanese automaker and globally recognized trademark with a capital of 120,210 million yen as of March 31, 2009. (Company Profile)
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“SUZUKI products are now popular in 187 countries worldwide, with local assembly plants” (Company website).

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Suzuki was one of 74 corporations identified by the New York Times as doing business with Iran as well as the United State government in the past ten years. Suzuki, which has received $1.1 million from the U.S. government, "has a production agreement with Iran Khodro Manufacturing Co., the largest automaker in Iran. Iran Khodro mass produces the Suzuki Grand Vitara, a compact SUV. Iran Khodro's Web site showcases several Suzuki models" (The New York Times, "Profiting From Iran, and the U.S.," March 12, 2010).

According to the article, as of March 12 2010, Suzuki status in Iran is listed as active.

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Iranian automaker Iran Khodro Company (IKCO), which manufactures and sells Suzuki vehicles, has a web page for its Suzuki products. (Iranian Dealer website)