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Lamborghini

Trade risk
Lamborghini is an entity of interest. It has not been found on international sanctions lists.
TypeCompany[sources]
NameLamborghini[sources]
Incorporation datenot available[sources]
Jurisdictionnot available[sources]
CountryItaly[sources]
Registration numbernot available[sources]
SectorAutomotive[sources]
Websitewww.lamborghini.com[sources]
Source linkwww.unitedagainstnucleariran.com[sources]
Last changeLast processedFirst seen

Descriptions

"Both Maserati and Lamborghini will no longer do business in Iran The Algemeiner has learned. The announcement comes following a campaign by United Against Nuclear Iran (UANI) aimed at pressuring the two car makers into halting their activities in the country. The campaign appeared futile until an October press conference held by Ambassador Mark D. Wallace, CEO of United Against Nuclear Iran, and New York City Public Advocate Bill de Blasio. 'We weren't trying to just embarrass anyone. We sent several letters to both companies asking them about their business in Iran and they just didn't write back,' UANI spokesman Nathan Carleton, speaking of the press conference, told The Algemeiner. The public appeal seems to have worked. 'After the event we were immediately contacted by Lamborghini. They told us they were out, they weren't doing any business in Iran anymore. We're happy with that,' Carleton said. A meeting with representatives from Maserati soon followed. During the meeting Maserati insisted its dealings in Iran had concluded after its parent company, Fiat, announced in May that it no longer had a presence in the Islamic Republic... Ambassador Wallace sent this statement on the affirmations from the car companies: 'We are satisfied with the pledges we have received from both Lamborghini and Maserati, and we applaud both for their responsible action. This campaign proved once again that when a company is forced to choose between the Iranian market and the U.S. market, it will leave Iran. We will continue to work with the Public Advocate, to pressure more and more businesses to pull out of Iran and continue isolating the Iranian regime.'" (Algemeiner, "Exclusive: Maserati, Lamborghini Withdraw Business From Iran," 01/09/13) (http://www.algemeiner.com/2013/01/09/exclusive-maserati-lamborghini-withdraw-business-from-iran/)

Iran UANI Business Registry non-official source,

"Products of two big automaker company, Lamborghini and Maserati, will come to Iran’s market in the near future. According to PersianKhodro, latest news about vehicle importation indicates that Lamborghini deputation in Iran has been taken by “Gerami” Family, who has the deputations of two big south Korean automakers, Hyundai and KiaMotors." (PersianKhodro, "Lamborghini and Maserati will come to Iran," 5/9/11) (http://www.unitedagainstnucleariran.com/company/maserati) (http://www.persiankhodro.com/en/show_news.php?c=1435)

Iran UANI Business Registry non-official source,

"The sale of a Lamborghini Aventador SV in Iran for 13 billion toomans (about $3 million) has outraged some Iranians given the country's harsh economic conditions and income disparity among citizens." (January 25, 2018) (https://features.kodoom.com/en/iran-economy/a-lamborghini-was-just-sold-for-3-million-in-tehran-about-500-years-in/v/6352/)

Iran UANI Business Registry non-official source,

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Iran UANI Business Registry non-official source,

"At a press conference in front of Maserati’s Manhattan showroom Monday Ambassador Mark D. Wallace, CEO of United Against Nuclear Iran, joined New York City Public Advocate Bill de Blasio and Iran180, in calling on Maserati and Lamborghini to end their business in Iran... Iran180 Executive Director Chris DeVito announced the addition of Maserati and Lamborghini to the Iran Watch List, given that the two have entered into business agreements in Iran and have refused to renounce their Iranian ties. And in the case of Maserati, which is owned by Fiat–touted the opening of a new dealership in Tehran... So far Fiat, which owns Maserati, and Volkswagen Group, which owns Lamborghini, have not responded to The Algemeiner’s request for comment." (The Algemeiner, "Activists Call on Maserati and Lamborghini to End Business in Iran," 10/23/2012) (http://www.algemeiner.com/2012/10/23/activists-call-on-maserati-and-lamborghini-to-end-business-in-iran/)

Iran UANI Business Registry non-official source,

Lamborghini is a subsidiary of Audi which is a subsidiary of Volkswagen.  (http://www.unitedagainstnucleariran.com/company/audi) (http://www.unitedagainstnucleariran.com/company/volkswagen)

Iran UANI Business Registry non-official source,

Relationships

Data sources

Iran UANI Business Registry2,629

List of companies involved in international business with or in Iran, including their withdrawal status from Iranian business ties, maintained by United Against Nuclear Iran (UANI).

United States · UANI · non-official source


For experts: raw data explorer