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Title: Nissan renault

Essay Details

Subject: Business
Author:
Date: December 24, 2012
Level: University
Grade: B
Length: 3 / 758
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

During research for this paper, not much if any negative information surfaced. There have been some difficulties along the way of factory closing and elimination of redundancies but overall, Nissan and Renault have improved their standing in the marketplace and have improved their profitability, technology utilized, and image within the automobile industry...

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The company had been unprofitable throughout the 90's and was in debt in excess of $22 billion. Since the merger, Nissan has turned around to one of the highest operating profit margins in the car industry at 9.2 percent (Nissan News, 2005). Additionally, Renault has more than doubled their market capitalization since the alliance and has increased their corporate value more than any other European producer...

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