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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.”

By Washington Free Beacon Staff··
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.