A Pictorial Glimpse at Nissan Motor Cars Through the Years
Nissan facing extreme financial problems, in 1997 they entered an alliance with Renault S.A. of France
and signed March 27, 1999, the Renault-Nissan Alliance was the first ever of a Japanese and French auto producer, each with its own unmistakable corporate culture and brand identity.
Carlos Ghosn was named the Chief Executive Officer of Nissan in June of 2001. Ghosn was also named President of Renault in May of 2005. He was named President and CEO of Renault on May 6, 2009. Nissan's administration is a diverse trans-cultural team.
Video - Nissan Motor Cars Evolution
Renault-Nissan Alliance has evolved over years as Renault held 43.4% of Nissan shares, while Nissan held 15% of Renault shares. The alliance is incorporated as the Renault-Nissan B.V., established on March 28, 2002 under Dutch law. Renault-Nissan B.V. is owned equally by Renault and Nissan.
Under CEO Ghosn's "Nissan Revival Plan" (NRP), the organization has bounced back in what numerous leading financial analysts consider to be a most spectacular turnarounds in corporate history, catapulting Nissan to record profits and an emotional revitalization of both its Nissan and Infiniti model vehicles. Ghosn has been recognized by Japan for the organization's turnaround amidst a debilitated Japanese economy. Ghosn and the Nissan turnaround were included in Japanese manga and popular culture. His accomplishments in renewing Nissan were noted by the Japanese Government, which granted him the Japan Medal with Blue Ribbon in 2004.
On April 7, 2010, Daimler AG traded a 3.9% share of its holdings for a 3.9% share from both Nissan and Renault. This triple alliance takes into consideration the expanded sharing of innovation and advancement costs, ecouraging worldwide participation and common development.
On December 12, 2012, the Renault–Nissan Alliance created a joint venture with Alliance Rostec Auto BV of Russia with the point of being a long term controlling shareholder of AvtoVAZ, Russia's largest auto organization and proprietor of the nation's greatest selling brand, Lada. The takeover was finished in June 2014, and the two organizations of the Renault-Nissan Alliance gained a combined 67.1% stake of Alliance Rostec, which thusly obtained a 74.5% of AvtoVAZ, in this way giving Renault and Nissan indirect jurisdiction over the Russian car manufacturer. Ghosn was named Chairman of the Board of AvtoVAZ on June 27, 2013.
1938 Nissan Model 70 Phaeton
1981 Datson 1200
2011 Nissan Maxima
2013 Nissan 370Z Coupe
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Nissan Motor Cars Through the Years
Reviewed by Gene Wright on