News Topic - Carlos Ghosn
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Nissan Motor to boost vehicle prices in Japan: Nikkei
HONG KONG (MarketWatch) -- Nissan Motor Co. is planning to raise prices of its vehicles sold in Japan as part of an effort to pass along higher raw-material costs, becoming the first of Japan's major automotive groups to do so, according to a Japanese media report. Nissan views the price hikes as inevitable to help offset higher material costs which are expected to erode the bottom line of Japan's third-largest automaker by 170 billion yen ($1.62 billion) this fiscal year, the Nikkei newspaper reported Thursday, citing comments by Nissan's President Carlos Ghosn in an interview. No indication of the size of the price hikes was given, although Nissan has lifted prices on a range of models sold in the U.S. by $170 to $480 in recent months. Nissan is also implementing a cost-cutting program to help offset the effects of higher material prices. The effect of higher prices upon demand will be widely watched by Japanese automakers. In the fiscal year ended March 31 new car sales in Japan totaled 5.31 million units, a 26-year low.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – May 15, 2008 02:09 AM [GMT] ¦ comment?
found in Business: Markets
HONG KONG (MarketWatch) -- Nissan Motor Co. is planning to raise prices of its vehicles sold in Japan as part of an effort to pass along higher raw-material costs, becoming the first of Japan's major automotive groups to do so, according to a Japanese media report. Nissan views the price hikes as inevitable to help offset higher material costs which are expected to erode the bottom line of Japan's third-largest automaker by 170 billion yen ($1.62 billion) this fiscal year, the Nikkei newspaper reported Thursday, citing comments by Nissan's President Carlos Ghosn in an interview. No indication of the size of the price hikes was given, although Nissan has lifted prices on a range of models sold in the U.S. by $170 to $480 in recent months. Nissan is also implementing a cost-cutting program to help offset the effects of higher material prices. The effect of higher prices upon demand will be widely watched by Japanese automakers. In the fiscal year ended March 31 new car sales in Japan totaled 5.31 million units, a 26-year low.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – May 15, 2008 02:09 AM [GMT] ¦ comment?
found in Business: Markets
Nissan Builds Buzz with Plans for Electric Car
Despite warning of "tougher times" because of the weak U.S. economy, Nissan Chief Executive Carlos Ghosn said Tuesday that the automaker plans to become the global leader in zero-emission vehicles.
NPR.org – May 13, 2008 6:41 PM [GMT] ¦ comment?
found in Technology: Science
Despite warning of "tougher times" because of the weak U.S. economy, Nissan Chief Executive Carlos Ghosn said Tuesday that the automaker plans to become the global leader in zero-emission vehicles.
NPR.org – May 13, 2008 6:41 PM [GMT] ¦ comment?
found in Technology: Science
Nissan plans electric car in U.S. by 2010
The commitment - announced by Nissan's chief executive, Carlos Ghosn - will be the first by a major automaker to bring a zero-emission vehicle to the American market.
International Herald Tribune – May 13, 2008 06:12 AM [GMT] ¦ comment?
found in Business
The commitment - announced by Nissan's chief executive, Carlos Ghosn - will be the first by a major automaker to bring a zero-emission vehicle to the American market.
International Herald Tribune – May 13, 2008 06:12 AM [GMT] ¦ comment?
found in Business
Report: US car market won't revive till 2011, Ghosn says
Nissan Motor Co. Chief Executive Officer Carlos Ghosn believes the U.S. car market won't recover before 2011, Bloomberg News reported today.
Detnews.com – May 1, 2008 1:54 PM [GMT] ¦ comment?
found in Local: Michigan: Detroit
Nissan Motor Co. Chief Executive Officer Carlos Ghosn believes the U.S. car market won't recover before 2011, Bloomberg News reported today.
Detnews.com – May 1, 2008 1:54 PM [GMT] ¦ comment?
found in Local: Michigan: Detroit
Renault head maintains 2008 targets despite difficulties
AFP - The head of French automaker Renault, Carlos Ghosn, said Tuesday the group was maintaining its 2008 growth targets but warned the next few months would be difficult in an "unfavorable environment."
Yahoo! – Apr 29, 2008 6:35 PM [GMT] ¦ comment?
found in World: Europe
AFP - The head of French automaker Renault, Carlos Ghosn, said Tuesday the group was maintaining its 2008 growth targets but warned the next few months would be difficult in an "unfavorable environment."
Yahoo! – Apr 29, 2008 6:35 PM [GMT] ¦ comment?
found in World: Europe
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