April 2, 2004
* Nissan Motor Co., Japan's third-largest automaker, said workers at a plant in Cuenavaca, Mexico, had gone on strike after rejecting a 3% pay raise offer. Talks between the union and Nissan were scheduled to resume today.
CALIFORNIA | LOCAL
January 10, 2004 |
Takashi Ishihara, 91, who as head of Nissan Motor Co. helped turn the Japanese carmaker into a global competitor, died of heart failure Dec. 31 in a Tokyo hospital. Ishihara, president of the company from 1977 to 1985 and chairman for another seven years, helped create the company's first manufacturing plants outside Japan, including those in the U.S. and Great Britain. His efforts helped spur other Japanese manufacturers to develop multinational operations.
November 7, 2003
* Nissan Motor Co. said first-half profit fell 17.4% to $2.16 billion even as it sold nearly 6% more vehicles worldwide and 11% more in the U.S. Japan's third-largest automaker said revenue surged 8.2% to $32.33 billion.
August 31, 2001 |
On the heels of Toyota's announcement that it will spend a record amount to advertise and promote its 2002 Camry, Nissan North America Inc. and Mitsubishi Motor Sales of America Inc. on Thursday launched campaigns for their own mainstream cars: the 2002 Altima and 2002 Lancer, respectively. The U.S. arms of Nissan Motor Co. and Mitsubishi Motors Corp. said they too will spend as much as on any previous launch, if not more.
July 30, 2001 |
These should be heady times for the traditional U.S. Big Three auto makers. Coming off a year of record industrywide sales, they are still selling vehicles at a fast enough clip to rack up their third-biggest year in history, even in the face of a prolonged national economic downturn. But as the companies prepare to announce July sales Wednesday--and total up all those loyal Chevy, Ford and Dodge buyers--they still have to contend with folks such as Jeff and Lynn Johnson.
May 18, 2001 |
Nissan Motor Co.'s draconian restructuring, which turned Japanese business practices topsy- turvy, received its official validation Thursday as the company posted a $2.7-billion profit for fiscal 2001, the best financial results in its history. It was a stunning reversal of fortune for Japan's No. 2 auto maker--which last year posted a $6.4-billion loss--and was significantly higher than Nissan predicted last October.