Word: nissan
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...court and supreme court judges ended a six-day strike after accepting a government offer to replace their aging Toyota Corollas with a fleet of new four-wheel-drive vehicles. The judges, who complained that their old cars needed constant maintenance, had originally demanded Mercedes or BMWs. Their new Nissan Terranos will cost about $60,000 apiece; per capita GDP is around...
...petite in a Big and Tall store. Shopping for a new car, she wanted something small, cheap and fuel efficient--the last thing most carmakers want to sell, since the big profits are in gas-guzzling SUVs and sedans with large engines. Test-driving drab cars like the Nissan Sentra left her underwhelmed. Then she spotted the Mazda3, a sporty four-cylinder hatchback launched in 2003. You might think of hatchbacks as wheezy econoboxes from the 1970s. But Dekat, 22, a loan processor from Dallas, liked the Mazda's svelte style and pep; she pictured herself blasting...
...1980s turned up their noses at the ultracheap Yugo, which Bricklin introduced from Yugoslavia, and Chery still has to meet U.S. safety and emissions standards. The real threat will come from foreign makers in China with nowhere to sell their cars. "If they can compete on price, Ford and Nissan will likely start exporting" to America within a decade, predicts Eric Harwit, a professor at the University of Hawaii who researches China's auto industry. The Cherys you'll soon see in car lots could be the vanguard for Detroit's own made-in-China cars. --By Matthew Forney/Beijing
...high oil prices, a slowdown in the U.S. economy or a cooling of China's gangbuster growth. Ongoing weakness in the U.S. currency is also a major concern: the dollar recently sank to a five-year low against the yen, making Japanese goods more expensive in America. Automaker Nissan estimates that the company's profits could fall by $105 million for each one-yen drop in the value of the dollar...
Which is why Monica Frost, a single mother leaning on her neighbor's beat-up Nissan in a black neighborhood north of downtown, knew exactly why Cosby Lindquist, 27, was heading up the walk one sunny afternoon last week with a Palm Pilot in his hand. It was not the first time she had talked to someone with "this little computer thing." Lindquist pressed a button and handed it to her as an image of Bush appeared on the screen and an announcer listed how many African Americans had lost their health coverage and their jobs in the past four...