Fiat Spa and Fiat Industrial announced yesterday that 
						they are halting business activities in Iran, the 
						decision coming after a campaign from a U.S. pressure 
						group, although the Italian firms says that their sales 
						were "totally immaterial in the quantitative and 
						qualitative sense."A 
						relatively unknown pressure group calling itself the 
						United Against Nuclear Iran (UANI) has run a media 
						campaign to highlight what it perceives as Fiat's involvement in Iran, and, 
						as well as holding a small demonstration at January's New York 
						International Auto Show in Detroit, it also created a 
						YouTube parody of Fiat's infamous Jennifer Lopez 
						advertising video. UANI has made a number of unsubstantiated 
						claims against the end use of Fiat products within Iran.
						A statement issued by Fiat Spa 
						in Turin yesterday, read: "Fiat supports the 
						international efforts for a diplomatic solution of the 
						issues relating to the relations with Iran. In this 
						respect, Fiat announces that effective immediately its 
						subsidiaries will no longer carry out business activity 
						related to products or components where the ultimate 
						destination of such products is known to be Iran, other 
						than to the limited extent required to fulfill already 
						existing binding obligations. 
						"Sales to Iran based entities 
						during past years by Fiat’s subsidiaries were totally 
						immaterial in a quantitative and qualitative sense and 
						any concerned products were sold for commercial and 
						civilian use only. Fiat’s subsidiaries having commercial 
						relations with Iranian entities always conducted their 
						businesses in compliance with all applicable laws and 
						regulations, including those of the United Nations, the 
						European Union and Italy." A similar worded statement 
						was issued simultaneously by Fiat Industrial.
						UANI 
						immediately issued a statement of its own professing 
						itself to be partially satisfied with the decision. It's 
						CEO Ambassador Mark D. Wallace said in the written 
						statement: "We applaud Fiat's decision to end certain 
						parts of its business in Iran."
						He also added: 
						"Nonetheless, we call on Fiat to now fully end all of 
						its business in Iran, including the sale and 
						manufacturing of all Fiat and Maserati vehicles. Only 
						last month, it was reported that a Maserati showroom 
						would soon be opening up in Tehran. Fiat should confirm 
						that it is not - directly or indirectly - engaged in any 
						business in Iran, providing any goods or services in 
						Iran, or implementing any agreements with Iranian 
						entities including the Pars Industrial Foundation." 
						Other leading global carmakers are involved in 
						production in Iran, including Nissan and Peugeot."