Sadly, this is a business lesson that often used as examples of failures. But, should we consider them failures? Perhaps another lesson from the music industry would be apt here – if you had a one-hit wonder and continues to have airplay and downloads, you are not a failure.
If divine foreign intervention did not come in time for an American automaker, the company in question would have probably ceased to exist by 1982.
That is a 50-year old question that has scratched the heads of those of us who lament and laugh of these cars. In particular, how do we map the advent of a new class of American car to today’s automobiles?
This is the challenge of Nissan as it announced its plan going forward from massive global financial losses and sales. This plan was announced by Nissan CEO Makato Uchida at their headquarters in Yokohama, Japan, as some of these measures and plans have been reported elsewhere in bits and pieces.
Tweet All Photos by Randy Stern, except otherwise noted Do you remember the time when French cars were a thing in America? At one time, American foreign car customers would walk into a showroom to see a Peugeot 504, a Renault 12, and a Citroen DS side-by-side. There were contrasts in design – a modern …
Tweet All Photos by Randy Stern Not to brag or anything, but some of us have lived long enough to remember certain vehicles in our lives that have been long forgotten by everyone else. Many vehicles have seen their last days, but their most loyal owners…and some desperate consumers…have kept the flames alive past their …
TweetLet me cut to the chase: We now know the outcome of the Mitsubishi Motors transaction with Nissan. From reading the notes of the release on Renault Nissan Mitsubishi's "Alliance 2022" plan, there is more good news than bad. It would be “bad” if you're a die-hard Mitsu fan. However, there is a bright side …
TweetIt has happened. "It" being the folding of Mitsubishi Motors into the Renault Nissan Alliance. It was announced at a press conference with Alliance chairman Carlos Ghosn stating that he will chair Mitsubishi, as well as Renault and Nissan. A summary of management changes were announced to cover the entire Alliance, but in particular Nissan …
Tweet Before you start putting Nissan badges on this car… – Photo by Randy Stern There is a lot more to this story than you think… Previously, my collaborator, Tyler Lipa, discussed the root cause that brought Nissan to pay $2.2 Billion for a 34 percent stake in Mitsubishi Motors. No one expected Nissan to …
TweetAll photos by Randy Stern It started at an eye doctor's office. I decided it was time for new glasses. Using the vision care benefit from my day job and the Health Savings Account debit card, I ended up with a stronger prescription designed to improve both my distance, reading and computer use vision. This …