Toyota Suspends Exports To Iran

Bowing to growing international pressure over Iran's nuclear development program, Toyota Motor Corp. (7203.TO) said Wednesday that it has suspended car exports to the Middle Eastern nation.

"In light of the current situation" exports have been halted, a spokeswoman for the Japanese auto maker said. Toyota shipped about 220 cars to Iran so far this year until the suspension took effect in June.

Considering Toyota's exports to Iran are a drop in the bucket when compared with the 7.38 million vehicles it aims to sell worldwide in the current fiscal year, the move could be seen as an attempt by the world's largest car maker to sidestep tarnishing its image even further in the U.S., which has been putting pressure on Japan to limit its business transactions with Iran.

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uaw_lax - 8/11/2010 11:55:27 AM

0 Boost

terrorist need cars to!

Agent009 - 8/11/2010 12:39:21 PM

0 Boost

They will just go to the yet created gray market

4wheelsfan - 8/11/2010 12:33:02 PM

+4 Boost

lol, especially Land Cruiser

LuvMyLexus - 8/11/2010 1:03:25 PM

+4 Boost

This is very good news.

It means a war between the USA and Iran is imminent.

Agent63 - 8/11/2010 1:33:00 PM

-5 Boost

Considering their recalls. Perhaps they found another issue before the "recall" is even made. Good thinking, so they don't get in trouble again and caught lying again.

tennis_player - 8/11/2010 4:15:24 PM

+2 Boost

Because lots of US liars, Toyota made the mistake to recall their cars.
There is no problem for their cars.

P0r5Che - 8/12/2010 12:41:36 PM

+1 Boost

Go Toyota, make rear wheel drive cars again, how about a real station wagon

jsell - 8/12/2010 12:52:01 PM

+1 Boost

The U.S.s own study concluded that IRAN DOES NOT have the capability to produce a nuclear weapon, nor are they proceeding with plans to. It's a FACT. Toyota bowing down to the Carlyle Group (just happens that another Carlyle member who has 0 experience in automobiles is set to run GM) and Raytheon, just reassures the obvious, we are going to invade IRAN to 'disarm them' (IRAQ and their WMDs anyone?).
Republicans and Democrats all HAVE TO GO. The U.S. was the wealthiest nation just a short 80 years ago. Now we have over 1.6 TRILLION and counting owed to a nation (China) that is set to unload all of their dollar denominated debt and be done with us. The banksters and weapons companies and salivating at the opportunity to go in to IRAN and 'liberate' their people. We have TO STAND UP and get our country back to the founding fathers priciples and return to THE CONSTITUTION and the BILL OF RIGHTS. END THE FED and all the people who are in power right now.

Sorry....but IRAN has done nothing to warrant and invasion by the U.S.,,,nothing!!