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Treasury sanctions operation targets Iran's auto, rail industries in latest economic attack
The Treasury Department sanctioned Iran's automotive and rail sectors as part of 'Operation Economic Outcast,' the Trump administration's attempt to cut off Tehran's financial lifelines. Several companies connected to Iran's metals industry…
Treasury Department sanctions Iran's automotive and rail sectors
Two car companies — Iran Khodro Company and SAIPA Iranian Automobile Manufacturing Company — combine to represent higher than 90% of the country's domestic car market, and a treasury department release calls it “Iran's largest…
Treasury targets Iranian auto, rail sectors in latest round of sanctions
The Treasury Department sanctioned Iranian auto and rail industries on Thursday, the latest salvo in its economic campaign against the Islamic Republic. The Treasury's Office of Foreign Assets Control (OFAC) sanctioned the entirety of those…
New Treasury Sanctions Slam Iran's Auto, Rail, and Steel Sectors
In the ongoing conflict between the Islamic Republic of Iran and the United States, Iran is finding its options are all wrapped up by three primary administration figures, aside from President Trump; they are contending with Secretary of War Pete…
US sanctions Iranian railway, automotive sectors
The US Treasury Department issued new sanctions targeting the automotive and rail sectors of Iran's economy on Thursday, as Washington continues its economic pressure campaign against Tehran. Among entities added to the Office of Foreign Assets…
US sanctions target Iran's auto, rail sectors as blockade chokes ship lanes
The Trump administration imposed sanctions on Iran's rail and auto sectors and their foreign suppliers, the Treasury Department said on Thursday, widening its wartime economic campaign to isolate Tehran. SCROLL TO CONTINUE WITH CONTENT The…
Toyota, Hyundai gain ground on GM, Ford in U.S. auto market - TT
A 35% jump in hybrid sales pushed Hyundai to a record third quarter. (SeongJoon Cho/Bloomberg) Toyota narrowed GM's U.S. sales lead in the third quarter as its volume edged higher while GM's deliveries fell 5.5%. Record hybrid demand lifted Hyundai…
Auto & Transport Roundup: Market Talk
The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0645 GMT – The financial drag due to disruptions stemming from severe flooding in Bangkok is…
Nikkei Falls 1.0%, Dragged by Tech, Auto Stocks
0018 GMT — Japanese stocks are lower following Thursday's sharp gains as concerns about higher energy costs continue. Tech, auto and pharmaceutical stocks are leading declines. is down 3.6%, Honda Motor is 1.8% lower and is down 2.4%. The…
Well-Off Buyers Prop Up Auto Sales as Monthly Payments Hit $821
Wealthy buyers continue to propel the market for new cars in the US, even as average monthly payments topping $800 add to the affordability challenges straining many American households. The annualized rate of US auto sales likely slipped 2.1% to…
What's Driving The Fall In Auto Stocks Today?
Shares of major automobile companies were under selling pressure on the bourses on Thursday, October 1, 2026. The Nifty Auto index declined 3 per cent in intra-day trade to 25,507, hitting a more than four-month low on the NSE. The Nifty Auto index…
Auto PV inventory climbs as dealers prep for festivals, keep discounts in check
As India's festive season approaches, passenger vehicle dealers are seeing a notable increase in inventories, yet discounts remain surprisingly moderate compared to previous years, signalling a tighter demand-supply balance in the automotive…
Shares of Indian auto companies slide as sales soften in September, after hitting record highs in August
Stocks of Indian auto companies fell on Thursday as September data revealed softening of sales, after hitting record highs in August. Shares of Bajaj Auto, one of India's leading two-wheeler companies, declined over 8% after the company reported a…
While Subprime Auto Loans Default, Their Bonds Somehow Keep Performing
America's subprime auto market has become a fascinating example of how financial engineering can remain remarkably healthy even while the consumer sitting underneath it is getting progressively sicker, according to Bloomberg. Bloomberg recently dug…
BREAKING: Bessent's Treasury Slams Iran's Auto, Rail, and Steel Sectors in 'Economic D-Day' Offensive
WASHINGTON — The Treasury Department on Thursday announced a sweeping new round of sanctions targeting Iran's automotive, rail, and steel sectors, marking the latest escalation in the Trump administration's campaign to cripple the Islamic…
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