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Nissan Leading The Exodus Out Of Japan

by Derek Kreindler
(IC: employee)
August 12th, 2012 12:41 PM
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“Local” may be a favored term for foodies, but it’s already the new buzzword for Japanese automakers looking to find a hedge against a strong yen.
Nissan is going to be at the forefront of the movement to bring a significant portion of vehicle production stateside. Says the Detroit Free Press:
The localized focus is extending beyond Nissan; the next-generation Honda Civic will be designed by the company’s North American arm, while Honda and Mazda are setting up factories in Mexico. The combined effect of the disaster in 2011 and the rising yen is leading to a revitalized auto industry in America. It’s just happening without the ordinary players in the usual locales.
Published August 12th, 2012 12:41 PM
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This is good news - American manufacturing can be competitive. Although I'd sooner buy a Focus than a Civic or Sentra.
Please, Nissan, please just go away and take your CVT-laden shitboxes with you.
I don't know if the profits go back to Japan or not, but Nissan's technical center in Farmington Hills, Michigan has 50 openings for engineers. Generally where the profits flow is important but so is where the value added work, like design and engineering, is being done. At this point Toyota, Hyundai/Kia, and Nissan all have large r&d facilities in Michigan. Toyota spent a billion dollars building their Ann Arbor r&d center.
Infiniti's profits certainly aren't going to "go back to Japan" since they've moved their headquarters to Hong Kong.