Word: nissans
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Dates: during 2000-2009
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...clear imperative is for Volkswagen to raise productivity at its German factories while maintaining its reputation for producing well-made cars. According to a study by World Markets Research in London, VW's factories turn out only 46 cars per employee, while Renault averages 71-73 per worker and Nissan gets 101 at its British assembly plant. Volkswagen has a been a pioneer in using so-called platforms - mainly common engines and drive trains - on a wide number of models, thus saving money on research and development. But many analysts have warned that the company may be taking the process...
Beijing wants carmakers, from Nissan to DaimlerChrysler, to help make the nation an auto-exporting powerhouse. That has not happened yet, because total costs in China aren't competitive with those in other emerging economies such as Brazil, where energy and--believe it or not--land are cheaper. Lower tariffs will help lure foreigners but will be disastrous for China's 120-plus state-subsidized automakers...
Viewed more broadly, a lot of good things have happened in Japan in the past couple of years--finally. Hundreds of companies like Nissan and Sega have taken Western-style restructuring to heart. The government is letting more companies fall under foreign control, including top financial institutions like Shinsei Bank and consumer-electronics maker Denon. U.S. firms have surpassed mighty Nomura Securities in domestic stock underwriting and merger advice. Corporate bankruptcies are more frequent, as are takeovers--sorely needed to clear away deadwood and reinvigorate competition...
...renewed buying among U.S. customers and a continuing slide in the yen. David Bowers, chief international strategist at Merrill Lynch, likes the copier company Canon, where 84% of sales are outside Japan, and consumer electronics giant Pioneer, where 64% of sales are outside Japan. Also on his list is Nissan, which has been aggressively investing in new production technologies. All three stocks trade in the U.S. as American Depositary Receipts...
...matters for other reasons, though. It's the first in what General Motors says will be a parade of like-minded, provocative Cadillacs. Another stab in the same direction comes from a company that two years ago was given up for dead: Nissan. The 2002 Nissan Altima, which won top honors at the Detroit Auto Show last week as the North American car of the year, is a screamer, with 240hp and a body design which, like the CTS's, makes you look twice. The Altima's interior is a little on the plasticky side, and for some reason...