BMW Enters Iran as First Automotive Retailer in a Decade

Which Middle Eastern country got the better deal? Not long ago Iraq got its first new car dealership in decades, a Hyundai retail outlet right in the center of Baghdad. Neighboring Iran has just received its first dealership after about 10 years, and the automaker to chance investing in an unstable market is not Hyundai, but at the other end of the economic scale BMW.