Word: nissan
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Dates: during 1980-1989
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Police said Dennis O'Connor, of Massapequa, N.Y., called to report that one or more members of the group of 15 broke the windshield of his 1985 Nissan, which was parked near the intersection of Garden St. and Mass...
...Cadillac's production line. Potamkin will not sell competing makes in the same store, but his 29-dealership empire, spanning the East Coast, has a total of ten different brands. In Denver, Leo Payne sells cars built by GM, Ford, Chrysler, AMC, Volkswagen, Volvo, Daimler-Benz, Subaru and Nissan. San Francisco's Martin Swig explains the megadealer's credo: "I don't care where a car comes from as long as it meets the needs of the market...
...Japanese gained even more. Since the restraints made Japanese autos scarcer, the manufacturers were able to raise the prices of their cars an average of $1,300. Japan's Big Three--Toyota, Nissan and Honda--drove away from the U.S. with trunkfuls of dollars as they con- centrated sales on , their more expensive models, where the big profits are made. One Government study showed that the import restraints cost U.S. consumers more than $1 billion annually, with about 90% of it going to Japanese manufacturers and distributors...
...profits of $6.3 billion in 1983 and nearly $10 billion in 1984. Sales last year reached 7.9 million cars, vs. 5.7 million in 1982. The agreements limited Japanese imports to about 20% of the U.S. market. When the imported cars became scarce, prices rose. The cost of the Nissan Maxima in the U.S. went up 30.1%, the Toyota Cressida 35.1%. The restrictions may have saved 44,000 U.S. jobs, but, says the study, they cost U.S. consumers more than $1 billion a year in increased car prices. Detroit's carmakers were disgruntled by the White House proposal. Chrysler Chairman...
...Japanese share of the compact-truck market slipped to 41.7% a year ago. Toyota and Nissan, two of the leading Japanese vehicle manufacturers, are third and fourth in the market. While Toyota exports all of its trucks from Japan, Nissan builds 8,000 a month at its new plant in Smyrna, Tenn. The two companies have only 9.5% of the American car business, but they control 38.7% of the light-truck market...