But he also said he believed Iran is facing difficulty purchasing raw materials, particularly carbon fiber and maraging steel, it needs to produce this equipment.
If these deals fail to attract shoppers and stores are forced to offer further price cuts, it could cut into profit margins, particularly as retailers have been facing rising costs of materials from cotton to gold, retail experts said.
He committed suicide at 26, while under federal indictment for downloading research materials from an academic website and was facing the real possibility of prison time.
Already pummeled by higher costs for raw materials and a dramatic shift away from highly profitable trucks, carmakers now are facing serious liquidity challenges.