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Nissan

Hiroshi Kumon

Chapter 17 in The Hybrid Factory in Europe, 2004, pp 240-245 from Palgrave Macmillan

Abstract: Abstract The Nissan Motor Company began to produce cars before the World War II and for decades after the war it occupied second place in the domestic market. Having earned a reputation for excellence it took the lead over other Japanese carmakers in terms of both exports and overseas production. In the 1990s, however, the company suffered a serious management crisis and sought a capital injection from Renault of France. Thus Renault, which was trying to globalize its operations, acquired a 36.8 per cent stake in Nissan in March 1999. Among the reasons for Nissan’s crisis were union intervention in the management of the company, the marketing team’s failure to adapt to market changes after the collapse of the bubble economy, and Nissan’s failure to draw up a company-wide strategy. The latter has been attributed to the company’s lack of organizational strength and inefficient management (Ghosn, 2001, p. 163).

Keywords: Annual Wage; Capital Injection; Original Equipment Manufacturing; Annual Production Capacity; Overseas Production (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52365-4_17

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DOI: 10.1057/9780230523654_17

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