Renault said that its Japanese partner, Nissan Motor, would be in profit in 2001, unexpectedly early.
In 1999 the chief executive of Nissan Motor promised to resign if he couldn't fix the company.
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Nissan Motor Co. recalled 480, 000 vehicles globally, some 137, 000 of them in Japan, for the air bag problem.
Among the top nine global automakers, only Hyundai Motor and Nissan Motor have lower market caps.
Toyota now accounts for about half the market and Nissan Motor Co.
Nissan Motor Co. notched its highest May sales ever after cutting prices on seven popular models early in the month.
Meanwhile, Nissan Motor said it sold a record 4.94 million vehicles globally in 2012, up almost 6% from the previous year.
Ford Motor is suing Nissan Motor in Brazil for airing an eye-popping TV commercial that accuses Ford of price-gouging (see video, below).
Put Nissan Motor Co. at the head of that list.
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Last month, it signed a production agreement with Japanese rival Nissan Motor to supply it with 36, 000 small cars for sale in Japan.
Two years ago, Kerkorian tried to engineer an alliance between Nissan Motor and Renault, which already have cross-shareholdings and common management, and General Motors.
Vice president, Nissan Europe and chief executive, Nissan Motor Manufacturing Ltd.
Carlos Ghosn, the famously outspoken CEO of Nissan Motor Co.
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Nissan Motor lost 1.5% and Mitsubishi Motors finished down 2%.
Japan's No. 2 automaker Nissan Motor Co. reports earnings Friday.
Favorable exchange rates provide a huge profit windfall for companies like Toyota Motor, Nissan Motor and Honda Motor, while making it that much tougher for GM, Ford and Chrysler to compete.
Ewanick, who previously headed up U.S. marketing at Nissan Motor and Hyundai Motor, joined GM in 2010 as U.S. marketing chief, and was promoted later that year to oversee all global marketing.
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Frank Torres, director general of Nissan Motor Iberica, told CNN lowering labor costs were an achievement for Nissan Barcelona and for Spain itself -- making it an increasingly competitive location for manufacturing and exporting cars.
The well-publicised troubles of Nissan Motor, which is closing five car plants and chopping 21, 000 jobs to stave off bankruptcy, have made it acceptable for even profitable firms to announce pre-emptive cuts of their own.
York pushed for an alliance between GM, Nissan Motor Co. (nasdaq: NSANY - news - people ) and Renault S.A., but after exploring the possibility for three months, GM's board scrapped the idea.
Carlos Ghosn on Wednesday raised the possibility that his Nissan Motor and Renault would seek to ally themselves with Ford Motor if his current talks with General Motors fail to lead to an accord among the three automakers.
Although Daimler has recently retreated a bit in China, the new car maker will at some point have to expand in Asia, possibly by forging links with Japan's troubled Nissan Motor, which was apparently in talks with Chrysler about a possible takeover.
Sales of the company's high-profit trucks and sport utility vehicles have slid faster than Ford expected, and Ford's rival, General Motors, has entered into talks with Renault and Nissan Motor to create an alliance to help all three companies compete in markets across the globe.
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Sales of the company's high-profit trucks and sport utility vehicles have slid faster than Ford expected, and Ford's rival, General Motors (nyse: GM - news - people ), has entered into talks with Renault and Nissan Motor (nasdaq: NSANY - news - people ) to create an alliance to help all three companies compete in markets across the globe.
And the hottest strategic trend in automaking--led by Ford Motor, Nissan and China--is making lighter, safer and more fuel-efficient cars.
The ultimate result of the promotion was the widening of an already-existing gap in perceived quality between Detroit's Big Three and their Japanese counterparts at Honda Motor, Toyota Motor and Nissan.
What is likely to evolve over time is a U.S. industry that looks more like Europe, which is five or six big companies rather than a big three, with GM, Toyota, Ford, Chrysler, Honda Motor and Nissan each holding as much as 18% to as little as 7% of the U.S. market.
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