Bloomberg News

Luxury Cars Feel the Pinch From Iran Sanctions

March 27, 2012

Bloomberg's Erik Schatzker, Stephanie Ruhle, Scarlet Fu and Sara Eisen report that demand for European and Asian luxury cars has plunged as sanctions imposed by the U.S. and the European Union on Iran restrict access to foreign currency, making the vehicles hard to come by and raising prices beyond the means of most Iranians. They speak on Bloomberg Television's "Inside Track." (Source: Bloomberg)

Running Time: 01:03


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