Word: nissan
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...vehicles were softening even before the latest surge in gas prices. "We have some dealers we haven't been able to contact," says Ford spokesman George Pipas, who estimates that 40 Ford and Lincoln-Mercury dealerships in southern Alabama, Mississippi and Louisiana were affected by the storm. Katrina forced Nissan to close its assembly plant in Canton, Miss., 211 miles north of New Orleans. When the plant reopened, employees reported they were having a hard time finding enough gas to make the commute, says Nissan spokesman Fred Standish. The only nugget of good news: Katrina doesn't appear to have...
...it’s the compulsive editing. Maybe it’s the way the song samples Dick Dale’s “Misirlou”—the “Pulp Fiction” theme—which just happened to appear in a Nissan Maxima commercial. Of course, it could also be the way Honda Civics are both conspicuously displayed and centrally framed. Coincidentally, both the Civic Hybrid website and the Black Eyed Peas’ website prominently advertise the Peas’ current tour—which is sponsored by the Honda Civic...
...such an environment, Renault appears to be defying gravity by promising ambitious results without the pain of slashing labor costs. Indeed, Ghosn is pledging to increase annual car sales by 800,000 units by 2009, double operating profit margins and improve product and brand quality. "The lesson of the Nissan revival plan was, What's vital is the result, not the precise means of attaining it," says Ghosn, 52. "We've analyzed the opportunities and potentials at Renault and made clear commitments on the results we'll deliver." The end result, he predicts, will be the "most profitable European volume...
...group's South American operations, based in Brazil, before taking over the North American operations. Recruited to the money-losing Renault in 1996, Ghosn undertook a three-year cost-cutting campaign, ultimately saving the company more than $5.2 billion--and allowing it to take its controlling stake of Nissan...
...media superstar in Japan. Now spending "about 10 days a month in Japan"--where his wife Rita still owns the My Lebanon restaurant in Tokyo--and two weeks in Paris, Ghosn says he gets the "best of both worlds." The rest of his time is mostly spent overseeing Nissan's struggling U.S. business. Renault pulled out of the U.S. market in 1997, and Ghosn says it won't return "until we can dedicate all our mind, heart, guts and soul--and even then [we may] not be assured of success...