What was the net income of Nissan in 2009?
Net income of Nissan Motor Co. for the period 2009-2011 (millions of yens) Year Net income 2009 42,390 2010 319,221 2011 341,433 Source: (Nissan Annual Report 2012) partner was the only mean of survival for the Japanese automaker in the highly competitive global automobile industry.
Who is the Chief Operating Officer of Nissan?
The strategic alliance between the French and the Japanese corporations ergies in joint product development, purchasing, quality and manufacturing and to combine complementary firms in order to create a firm C. Ghosn, former Vice President of Renault, was appointed Chief Operating Officer of Nissan.
What was the success of the Nissan Alliance?
Under his leadership, the alliance Renault-Nissan has obtained outstanding performance. Based on a severe cost cutting, an increased economy of scales and a restructuring program, the Nissan Revival Plan led to an impressive corporate success.
How does political factors affect Nissan Motor Company?
Political factors determine political rules, policies and security affects Nissan in changing their business strategic plan and decision making process. The change in the political atmosphere, trends and decisions have adverse affect on Nissan Company.
Why is it important to analyze Nissan Motor Company?
It is important for Nissan in keeping an analysis of the process of auditing and how the company is affected by the recent taxation change and taxation law and far have the company adapted to it.
Are there any threats to Nissan Motor Company?
There are few threats in relation to the productivity of Nissan that follow rise in price of the raw materials and economic diversification and fluctuations. However, the major threat of Nissan being the competition faced by other automotive companies globally such as Honda, Hyundai, Ford Toyota and others.
How many countries does Nissan manufacture cars in?
Today, Nissan manufactures vehicles in 20 countries of the world and provides products and services in more than 160 countries. In spite of the economic and financial crisis, the global production and net income have continuously increased in the period 2009-2011 (Table 2 and 3). Table 2.
How did Nissan change into a global company?
Based on a severe cost cutting, an increased economy of scales and a restructuring program, the Nissan Revival Plan led to an impressive corporate success. Nissan has changed from a multi-regional company into a competitive global corporation. 13 cross-functional processes have been considered by Nissan as its core business areas (Fig. 2).