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Despite ‘Crippling’ Sanctions, Iran to Open Maserati Dealership

The Obama administration claims that the "crippling sanctions" imposed on the Iranian regime "are working." 

Foreign Policy wonders: "If Sanctions Are 'Working,' Why Is Iran Opening a Maserati Dealership?"

The Wall Street Journal reports: 

Italian luxury sports car maker Maserati plans to open a dealership in Tehran, Iran, next year, as it expands its international network, not only to enhance its independence as a brand within Fiat SpA (F.MI) but also to tap demand from a new, wealthy elite in emerging markets.

Maserati won't own the dealership, preferring to import cars to a representative, a spokeswoman for the brand said Friday, confirming a report in Il Sole 24 Ore, an Italian business daily.

A new Maserati retails for more than $100,000, according to Motor Trend.

 

Published under: Iran