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Old 11th February 2006, 07:31   #1
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Default Renault Saved Japan's Second Largest car maker

http://www.businessweek.com/autos/co...209_269926.htm

This article from Business week says that Renault was the company to save Nissan, the second largest Japanese car manufacturer from Going bankrupt. Is this true?

I am confused what Renault and Nissan both will do by entering at the same time.:WTF:
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Old 11th February 2006, 09:19   #2
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Yes this news is true. You mean you didn't know that Renault brought Nissan back from sure shot bankcruptcy? Nissan's turnaround by Renault is the stuff on which books should be written!
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Old 11th February 2006, 09:45   #3
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2 books have already been written on this turnover and its a popular case study in management courses.

one book is called SHIFT, by Carlos Ghosn. Great book.
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Old 12th February 2006, 10:21   #4
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yeah. I didnt know. came to me as a bit of surprise.
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