Word: nissan
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...packet of tea, is now but a name for a Melbourne night spot. A society that once boasted aggressive classlessness had 31,000 millionaires by 1990. Some experts are . worried that Australians can no longer develop a common sense of pride. Ivan Deveson, the former head of Nissan Australia, notes that Australians never say "my country" but instead say "this country...
...embarrassingly highlighted earlier this year when the Big Three auto chiefs accompanied President Bush on an ill-fated trade mission to Japan. Although General Motors', Ford's and Chrysler's combined losses totaled $7.5 billion last year, their top executives were together paid $5.3 million. Their counterparts at Toyota, Nissan and Honda collectively made $1.8 million...
...Domestic auto sales, which climbed from 3 million to 5 million between 1985 and 1990, have slumped back to below 5 million. Nissan, for example, lost 4.2% in unit sales during February, and is reducing working hours and generally cutting costs...
...buyers may soon be paying a price for the bitter trade tensions between the U.S. and Japan. Several Japanese auto manufacturers, including Honda and Nissan, said last week they were contemplating price hikes on some models sold in the U.S. Toyota has already raised the price of its redesigned 1992 Camry sedan by nearly...
...Nissan and Toyota cite the rising value of the yen. But several analysts say the Japanese firms are anticipating a move by Tokyo trade officials, responding to pressure from Washington, to limit the number of Japanese cars exported to the U.S. Raising prices would be one way of maintaining profits while curtailing sales...