How Terrorists in the Middle East Get Their Toyota’s: Financial Implications

 

By Jim Campbell

May 15, 2018

I was talking to a woman at the Toyota dealership today who was familiar with Toyota’s being used by terrorists in the Middle East.

Neither of us knew why and who the middle men were involved in making sure the received state of the art durable vehicles.

Terrorists set up car dealership in the Middle East

 

                                   Does that new model come with a built-in bomb?

The Detroit Bureau

By  

May05, 2016

 

Terror groups like ISIS  and the Taliban have made car bombs one of their favorite weapons.Toyota’s are their vehicles of choice.

 

 

Terrorist groups, like Al Qaeda and ISIS, have been known to frequently use car bombs to achieve their ends.

But now, it seems, the latter group has become just as willing to sell cars – apparently without explosive options.

Struggling to make up for the loss of revenue from oil as the U.S. and allies target its refineries in Iraq and Syria, the self-described Islamic State has been desperate to find new sources of cash.

 

 

And its taken to two rather novel approaches, at least for a terror organization, according to a report by Iraqi authorities.

These include both car dealerships and fish farms.

“After the armed forces took control of several oil fields Daesh was using to finance its operations, the organization devised non-traditional ways of paying its fighters and financing its activities,” said a report by Iraq’s central court of investigation, quoting Judge Jabbar Abid al-Huchaimi.

Daesh is an Arabic term for ISIS.

The hard line group hasn’t negotiated franchise agreements with the likes of Toyota, General Motors or Volkswagen.

It has simply taken over the operation of dealerships, as well as fish farms and other enterprises , it seized after taking control of large swaths of Iraq and Syria.

ISIS also grabbed a number of refineries in petroleum-rich areas of the two countries, but the Western-led coalition has made those facilities a primary target in the bid to crush the terrorist group.

According to a recent report by research firm IHS, ISIS has seen its oil-based revenues tumble to as little as $56 million a month, a one-third decline, since last summer.

“In the recent period, Daesh has gone back to using government factories in the areas it controls – like Mosul – for financial returns,” Huchaimi was quoted by wires services, while adding that oil smuggling from Syrian refineries remains the group’s primary source of international financing.

It’s not clear how those assaulting ISIS will deal with the latest revenue scheme, though coalition aircraft, including drones, have been scaling up their attacks – often at a devastating cost.

Iraqi army fighters finally clawed their way back into the city of Ramadi this spring, but an Associated Press report indicates the town was virtually flattened during the fighting.

As for ISIS car dealerships, the organization faces some serious challenges in operating them.

Not only could the facilities be bombed if seen as a strategic terrorist asset, but the group will have problems getting new vehicles after selling off the ones it initially captured.

It’s not likely to get fresh supplies from any major automaker anytime soon.

And with Daesh on the run, losing a significant amount of territory in recent months, it will have less opportunity to capture new vehicles anytime soon, it seems.

 

THE END

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About JCscuba

I am firmly devoted to bringing you the truth and the stories that the mainstream media ignores. Together we can restore our constitutional republic to what the founding fathers envisioned and fight back against the progressive movement. Obama nearly destroyed our country economically, militarily coupled with his racism he set us further on the march to becoming a Socialist State. Now it's up to President Trump to restore America to prominence. Republicans who refuse to go along with most of his agenda RINOs must be forced to walk the plank, they are RINOs and little else.
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7 Responses to How Terrorists in the Middle East Get Their Toyota’s: Financial Implications

  1. Brittius says:

    Reblogged this on Brittius.

    Like

  2. Simply Linda says:

    I wonder….how do these companies feel about this?

    Like

    • JCscuba says:

      Well my friend, it’s not about the other companies in my opinion. Groups, religious, fraternal, AARP or terrorists will always figure a way to buy what they want at good prices.

      As an owner of 3 Toyota’s over the years, if an owner can’t get 300,000 miles on an engine, they don’t know where to put in the oil. If the U.S. were to threaten Toyota, it would likely be reflected in higher prices per vehicle in the U.S. What say you? Thanks Linda.

      Liked by 1 person

      • Simply Linda says:

        My dad swears by Toyota and Nissan. Us, we have always owned Fords. I don’t know what were going to do when this 14 yr old car of ours finally dies out, as Ford isn’t going to make cars anymore here in the USA.

        Like

      • JCscuba says:

        Don’t bet on that, Trump will put import duties on them. Big time. Biggly!

        Like

  3. JAFC says:

    The classic 1/2 T Toyota pick-up (available in 4WD) has long been the modern replacement for the WW2 Jeep. Lightweight, good gas mileage, easy maintenance, good load capacity and handles well (and travels FAST) on all terrain. Take off the cab roof and it has a very low profile (as seen from all angles, including from the air), which is what you want in a light combat transport and weapons platform.

    Like

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