As Fiat Announces Profits, UANI Again Calls on Fiat to Stop Pursuing Profits from Iran

UANI's ad calling on Fiat to end its business in Iran, placed in Metro New York newspapers on Friday, April 29, 2011. (Graphic: Business Wire)

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NEW YORK--()--United Against Nuclear Iran (UANI) today called on Fiat to finally put an end to its irresponsible business in Iran. Fiat is attempting to re-enter the U.S. auto market while at the same time doing business with a brutal terrorist-sponsoring regime that has used its vehicles to transport missiles and stage public executions.

Fiat CEO Sergio Marchionne, who today announced a profit for Fiat’s U.S. partner Chrysler for the first time since 2006, has so far been silent when it comes to his company’s business in Iran. According to Bloomberg News, “Marchionne plans to increase Fiat's 30 percent ownership in Chrysler to 51 percent this year and has said he aims to sell shares of the U.S. automaker to the public as well.”

UANI President, Ambassador Mark D. Wallace, said:

Instead of boasting about its profits, Fiat should be accounting for its irresponsible business in Iran. Until Fiat pulls out of Iran, the regime will continue to be able to use its vehicles to transport weapons, stage brutal public executions, and empower terrorists around the world. It is time for Fiat to show it is a responsible corporation.

In April, UANI launched its Fiat campaign after sending a letter to Mr. Marchionne explaining UANI’s concerns with Fiat's business dealings in Iran. UANI, along with Iran 180, subsequently protested Fiat at the New York International Auto Show. UANI has also run a series of newspaper advertisements in New York City’s daily newspapers calling on Fiat to end its business in Iran.

Click here to view UANI’s new ad released on Friday in Metro New York
Click here to view UANI’s original ad in Metro New York and amNewYork
Click here to send a message to Fiat
Click here to read the full text of the letter to Fiat

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6705499&lang=en

Contacts

United Against Nuclear Iran (UANI)
Nathan Carleton, 212-554-3296
press@uani.com

Release Summary

As Fiat Announces Profits, United Against Nuclear Again Calls on Fiat to Stop Pursuing Profits from Iran. Fiat Plans to Own a Majority Stake in U.S. Automaker Chrysler by Year's End.

Contacts

United Against Nuclear Iran (UANI)
Nathan Carleton, 212-554-3296
press@uani.com