Workers produce vehicles at Volkswagen's lone U.S. plant in Chattanooga, Tenn., on Thursday, Aug. 31, 2017. The plant has begun production of the midsized Atlas SUV alongside the Passat sedan. (AP Photo/Erik Schelzig)

INTERNATIONAL - Volkswagen's Spanish division, Seat, is no longer looking at the possibility of entering the Iranian car market, saying that it needed to concentrate instead on boosting growth in its core markets in Europe and other regions. 

The decision was not taken as a result of US President Donald Trump’s more confrontational policy towards Tehran, a spokesperson for the company said. Last week, Trump refused to certify that Iran was complying with the international nuclear deal agreed in 2015 and warned that he might ultimately terminate the agreement. 

“The reason is that at this moment Seat needs to concentrate its efforts on those largest European markets where it still has major growth potential, such as Italy or France, and in regions such as Northern Africa or Latin America,” the spokesperson said. 

- REUTERS