Automotive

"The OFAC team's briefing coincided with a visit to Brazil by an Iranian mission headed by Finance Minister Ali Tayebnia seeking to advance trade deals. Brazil's Embraer, the world's third largest maker of commercial planes, is in talks to sell Iran at least 20 of its E-195 jets worth over $1 billion as the Middle Eastern country moves to renew its aging airline fleets. Embraer still requires a U.S. license for the sale to Iran of sensitive jet engine technology in its planes... Brazilian bus maker Marcopolo SA is also looking to sell hundreds of vehicles to Iran. The company declined to comment." (Reuters, "U.S. Treasury reassures Brazil banks trade with Iran OK," 11/28/2016).

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"Brazilian companies such as Embraer SA and Marcopolo SA are scrambling multito close billion-dollar deals to sell planes and buses to Iran, seeking to navigate remaining U.S. financial sanctions, senior officials have said. The plane-maker is in advanced negotiations to sell at least 20 E195 jets with a total list price of more than $1 billion, while the bus manufacturer is in talks to supply part of the 27,000 units Tehran is seeking, according to Mahdi remaining U.S. remaining U.S. financial sanctions, senior officials have said. The plane-maker is in advanced negotiations to sell at least 20 E195 jets with a total list price of more than $1 billion, while the bus manufacturer is in talks to supply part of the 27,000 units Tehran is seeking, according to Mahdi remaining U.S. remaining U.S. financial sanctions, senior officials have said. The plane-maker is in advanced negotiations to sell at least 20 E195 jets with a total list price of more than $1 billion, while the bus manufacturer is in talks to supply part of the 27,000 units Tehran is seeking, according to Mahdi remaining U.S. financial sanctions, senior officials have said. The plane-maker is in advanced negotiations to sell at least 20 E195 jets with a total list price of more than $1 billion, while the bus manufacturer is in talks to supply part of the 27,000 units Tehran is seeking, according to Mahdi Rounagh, a senior official at Iran's Foreign Ministry and until recently deputy ambassador in Brasilia. The problem is that Brazilian banks are reluctant to deal with Iran for fear of penalties by the U.S., even after Washington lifted restrictions on non-U.S. banks." (Bloomberg,  "Embraer and Marcopolo Lead Brazil Struggle to Sell to Iran," 10/5/2016).

Lotus Iran has its own website. 

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UK In Iran posted on September 29, 2016, "Great to be at launch of @grouplotusplc cars in Iran tonight - one of UK's most iconic brands taking advantage of trade relationship." (UK in Iran)

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"With very little fanfare, Britain's Lotus brand opened the doors of its very first showroom in Iran unveiling the Elise 220 sports coupe to Iranian car fanatics.Mohammadali Basravi, CEO of ILIA Motor, said the company "seeks to become the largest representative of the British brand in the Middle East".He added that once Iranian buyers place an order, the vehicle will be ready for delivery in at most two and a half months. The handmade vehicles have been priced at about 3 to 4 billion rials ($118,000 at market exchange rate) which is at least double the price in international markets.Financial Tribune contacted Avid Ommi, sales manager of the company, who said Lotus cars and their Iranian counterpart had been negotiating a deal for over two years and finally managed to reach an agreement in March 2015." (Financial Tribune, "Lotus Opens Showroom in Tehran," 9/20/2015). 

Tatra trucks set to be manufactured in a soon-to-be-launched factory in Armenia will be sold to Iran.

"Tatra is a Czech manufacturer producing vehicles. Owned by the Tatra Truck company, it is the second oldest company in the world producing cars with an unbroken history, after Peugeot. A truck production factory will be built in Armenia’s Kotayk province, according to a memorandum signed between Tatra Trucks and Zenon LLC. The deal is the result of an agreement reached between prime minister Karen Karapetyan and Russia-based Armenian business people." (March 21, 2017)

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In January 2016, reports emerged that “Iran has expressed great interest in purchase of trucks Tatra” with a Tatra representative stating, “[n]egotiations have begun. Iran is a very promising market for the industry as it needs to be updated.”  (Daily Management Review, “Iran to Buy a Batch of Tractors and Trucks in the Czech Republic,” 1/19/2016).

HATZ Diesel lists an office and contact in Iran on its sales and service network website.

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HATZ Diesel participated in the Bavarian delegation that traveled to Tehran, Iran in November 2015 for talks on ways to promote mutual trade in a post-sanctions era. Its business objectives in Iran are listed as, interest in the economic situation for future projects with Iran, and expansion of existing companies in Iran.