When we went on the plane this morning for the some 600 mile trip to see a Nissan plant in Kyushu, the southernmost of the four main Japanese islands, we asked ourselves: Why?
After all, the plant had been there since 1975. What’s new? We soon should find out: Nissan CEO Carlos Ghosn went on a full frontal attack against the high yen, threatened several times that Nissan and most of the Japanese industry would pack up and leave, and delivered an ultimatum: “If six months down the road we are still in this situation, then this will provoke a rethinking of our industrial strategy.” (Read More…)
Posted in High Finance, Japan, News Blog, Nissan, People, Toyota
Tagged as Bertel Schmitt, Carlos Ghosn, Japan, Kyushu, Nissan, yedn
Tagged as Bertel Schmitt, Carlos Ghosn, Japan, Kyushu, Nissan, yedn
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