Customs Data: More Than Half Of Iran's Car Parts Still Coming Through

Bertel Schmitt
by Bertel Schmitt

Further on yesterday’s story on PSA’s, and by extension GM’s, alleged continuous supply of embargoed car parts to Iran, Bloomberg reports that Iran’s imports of automobile parts decreased by 47.8 percent to $254 million in the two months since March 20.

In other words, more than half of the previous amounts still come through. From March 20 to May 20, Iran imported more than 21,100 tons of car parts, says Bloomberg, citing Iranian newspaper reports based on customs data.

Bertel Schmitt
Bertel Schmitt

Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.

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  • Oren Weizman Oren Weizman on Jun 20, 2012

    The solution is obvious, ban all Peugeot sales in the USA ... oh wait there is a flaw in my logic

    • See 2 previous
    • Bryce Bryce on Jun 20, 2012

      @CJinSD Ford also is tied to PSA and BMW and the sanctions should be applied against Rogue Israel not Iran

  • CJinSD CJinSD on Jun 20, 2012

    So theories of yesterday's story being Israeli propaganda were false then?

  • El scotto El scotto on Jun 20, 2012

    Any government data on this? News services? Pffft

  • Advance_92 Advance_92 on Jun 21, 2012

    At least GM isn't selling them weapons, like Reagan did.

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