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Toyota Ends Iran Exports Amid Sanctions, Nikkei Says

Aug. 11 (Bloomberg) -- Toyota Motor Corp. halted auto exports to Iran to avoid conflict with U.S. and United Nations sanctions over Iran’s nuclear program, Nikkei English News reported, without saying where it got the information.

Toyota has contended auto exports to Iran don’t violate the U.S. sanctions; it stopped shipments because companies that deal with Iran have come under scrutiny by the U.S. government, Nikkei said.

Steve Curtis, a U.S.-based spokesman for Toyota, said he couldn’t confirm the report. Toyota doesn’t make vehicles in Iran and has no direct operations in the country, Curtis said.

Toyota models in Iran are sold by Irtoya, an independent Iranian distributor that has no capital relationship with the Toyota City, Japan-based company, Toyota said.

About 4,000 Toyota vehicles were shipped to Iran in 2008, 250 in 2009 and 230 this year through May, Nikkei said, citing information from Toyota.

To contact the reporters on this story: Alan Ohnsman in Los Angeles at aohnsman@bloomberg.net; JoAnne Norton at jnorton@bloomberg.net.

To contact the editors responsible for this story: Kae Inoue in Tokyo at kinoue@bloomberg.net; Jamie Butters at jbutterssbloomberg.net

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