Where's all the Profit in the Automobile Business? - NISSAN
Nissan just reported record Profits. US Sales are up 18% year over year. Operating margin is 10% (better than Toyota & Honda). Nissan has retired all of the debt of its automotive operations.
To think that it wasn't so many years ago that Ford almost bought Nissan for a song, but pulled back over concerns about Nissan's unfunded pension liability. Oops.
Bloomberg.com: Top Worldwide
Monday, April 25, 2005
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