Daimler has announced that it will divest its 30% stake in Iranian Diesel Engine Manufacturing, a subsidiary of Iran Khodro Diesel. Daimler's chief executive officer Dieter Zetsche has attributed this decision to Tehran's political policies. This divestiture is part of a wider review of Daimler's business relationships with Iran. "In view of Subscribe to Automotive … Continued
Daimler has announced that it will divest its 30% stake in Iranian Diesel Engine Manufacturing, a subsidiary of Iran Khodro Diesel.
Daimler's chief executive officer Dieter Zetsche has attributed this decision to Tehran's political policies. This divestiture is part of a wider review of Daimler's business relationships with Iran.
"In view of
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https://www.automotiveworld.com/articles/81649-germany-daimler-divests-holding-in-iranian-engine-firm/
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