Word: nissan
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...next year. They will be offering what David E. Davis Jr., the dean of auto critics, has judged "a damned nice little car." That is no small feat. No other American company sells or builds any kind of little car without substantial help from foreign partners. Honda, Toyota, Nissan and other Japanese companies have driven away with that segment of the car business, boosting Japan's overall share of the U.S. auto market from 19.6% in 1980 to 27.7% last year, or 2.7 million vehicles. When Chrysler dropped its U.S.-made Dodge Omni and Plymouth Horizon models this year...
...Japanese push into the luxury market began with Honda's introduction of the Acura Legend in 1986 in the European and U.S. markets, but the trend has accelerated markedly in the past year. Nissan introduced its Infiniti line of cars in the U.S., featuring the opulent V-8-powered Q45 and the smaller M30, and is adding a new car this month. Another Japanese manufacturer, Mitsubishi, plans to introduce a luxury car next year...
...raised the average efficiency of its fleet from 19.1 m.p.g. in 1979 to 26.9 m.p.g. last year, while Chrysler boosted its fuel economy from 20.5 m.p.g. to 27.7 m.p.g. At the same time, Toyota raised the average economy of its models from 24 m.p.g. to 31.7 m.p.g., and Nissan from 26.8 m.p.g. to 30.2 m.p.g...
...keen on boosting exports to Japan, but Ronald Hoffman may have gone too far. Federal agents arrested the Beverly Hills executive on June 14 for illegally exporting software designed for the Strategic Defense Initiative, or Star Wars. Five Japanese companies, including Nissan Motor and Mitsubishi Heavy Industries, have acknowledged buying the software, called Contam. Estimated prices: $150,000 to $450,000. Hoffman, 51, allegedly obtained the technology, designed for identifying missiles by their exhaust plumes, while working as an engineer on a Star Wars project in Los Angeles. If convicted, he faces a $1 million fine and ten years...
...strikers in Tiananmen Square. Then came the crackdown and Zhao's expulsion from the party. Friends now report that Zhao is at peace with his current situation. Small wonder. He may have lost his chauffeured Mercedes 500, but he still has a staff of five aides and an assigned Nissan that comes with, yes, a mini-bar. Zhao seldom leaves his house, spending most of his days reading and watching videotapes. One acquaintance quotes the ex-leader: "I didn't realize so many good movies existed...