Word: renaults
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...verge of bankruptcy, Nissan was one of the first to hand over the keys to a foreigner. Carlos Ghosn arrived in Tokyo in April 1999, with a mandate from Renault to repair the damage by whatever means necessary. He achieved a turnaround, and his success has given rise to a question that is particularly troubling to Japan's business leaders at a time when self-certainty is wavering: Can it be that Japan needs Westerners at the helm to compete in the new global business environment? Not surprisingly, executives asked to comment on Ghosn's achievement tend to be dismissive...
...appointment to the executive suite of Nissan Motors in significant ways. First, unlike Nissan, Sony is not just one of many world-class Japanese companies; it is the quintessential Japanese company, linked to the nation's identity as the very embodiment of the country's postwar economic miracle. Second, Renault, which owns 44% of Nissan, forced Ghosn upon Japan's second largest automaker, whereas Sony willingly sought Stringer's assistance...
...Nissan veteran, most recently ran company operations outside of North America, Europe and Japan and is credited with boosting sales in China and Southeast Asia. He will report directly to Ghosn, who in April assumes a dual role as president and CEO of both Nissan and its parent company Renault...
...Consider Renault, the 106-year-old French automaker that a decade ago was heavily indebted and still majority owned by the state. It has moved to become more international, and now sells more autos outside Europe than it does in France. Its latest model - the ?5,000 Logan, built in low-cost Romania - is aimed at the aspiring middle classes across the globe. Renault recently announced its earnings for 2004: record net income, operating profits up 72% and profit margins at almost 6% of sales - more than double Ford...
...million in financial aid. But as Allan Sichel, president of a federation of Bordeaux negociants, admits, "It's not going to make a big difference." Quick fixes won't solve the industry's problems. The fastest-growing consumers of good Bordeaux and Burgundy may be cars made by Renault. --By Mitch Frank