Tag Archives: back to Iran

French automakers beat U.S. rivals return to Iran

Sanctions have barely been eased on Iran and the Detroit 3 are being beaten back to the market by French rivals. It’s not surprising: Washington still keeps U.S. businesses and individuals shackled by stricter trade restrictions.Chalk it up as a case of geopolitical stalemate handicapping U.S. automakers in an age where winning emerging markets – or in this case, re-emerging markets – is the name of the game.