Nissan Motors (NSANY) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Nissan Motors (NSANY)

NSANY 4.550

-0.9%

Nov 5 10:37 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark T. Heath who wrote (45)	5/16/1998 6:54:00 AM
From: EPS	of 124

Nissan Motor To Consolidate Dealer Networks In Japan Dow Jones Online News, Friday, May 15, 1998 at 16:03 TOKYO -(Dow Jones)- Looking to streamline its domestic sales operations, Nissan Motor Co. plans to consolidate its four dealership networks into two by fiscal 2000, according to the Nihon Keizai Shimbun's Saturday morning edition. Nissan (NSANY), which is currently discussing a business venture with Daimler-Benz AG, hopes to capture a larger share of the domestic market. The company apparently concluded that restructuring its dealership channels was necessary to boost domestic sales. Starting this fiscal year, Nissan will consolidate the head offices of its sales companies by region and review the models offered by different dealerships. Under its streamlining plan, Nissan will merge the Nissan and Motor brand networks and combine the Sunny and Prince brand channels as well. In fiscal 1997, Nissan's domestic sales dropped below one million units for the first time in 26 years. Copyright (c) 1998 Dow Jones & Company, Inc.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next