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Toyota halts auto exports to Iran

Other News Materials 11 August 2010 13:06 (UTC +04:00)
Toyota Motor Corp has halted auto exports to Iran amid growing international pressure over Tehran's nuclear programme, a news report said Wednesday.
Toyota halts auto exports to Iran

Toyota Motor Corp has halted auto exports to Iran amid growing international pressure over Tehran's nuclear programme, a news report said Wednesday.

Toyota's auto exports to Iran do not violate US sanctions, but the automaker suspended shipments as foreign companies that deal with with Iran have come under scrutiny by the US government, Nikkei Business Daily reported, without citing any sources, dpa reported.

In 2008, around 4,000 Toyota vehicles were exported to Iran, a figure that dropped to 250 units in 2009, and to 230 for this year through to May, the daily said, citing Toyota officials.

The United States is the largest market for Toyota, but the worldwide recalls tarnished its reputation for safety and quality and hurt its business in the US.

In June, the US government tightened its own sanctions against Iran's nuclear programme, while the United Nations Security council adopted additional sanctions.

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