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Wednesday, June 13, 2012

Why is U.S.-owned GM partnering with company that does business with Iran?

Truly priceless!
Earlier this year, GM announced a new partner: French automotive giant PSA Peugeot Citroen (Peugeot). While many are still speculating about the financial implications of this trans-Atlantic alliance, there is no doubt that from a foreign policy perspective, it is problematic, and raises numerous questions that GM is unfortunately refusing to answer. My organization, United Against Nuclear Iran, learned of the GM-Peugeot partnership earlier this year, as well as GM's subsequent acquisition of a 7 percent share of Peugeot. This concerned us greatly, since Peugeot was actively doing business in Iran — a nation run by a brutal regime that is allied with al-Qaida, has killed dozens of U.S. troops in Iraq and Afghanistan, plots terrorist attacks on U.S. soil, and is illegally pursing nuclear weapons.
Read the rest here
The Detroit News

Judy Morris,
Blogger, THL
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