Renault Saved Japan's Second Largest car maker

devarshi84 · 11th February 2006, 07:31

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:

amit · 11th February 2006, 09:19

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!

Mpower · 11th February 2006, 09:45

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.

devarshi84 · 12th February 2006, 10:21

yeah. I didnt know. came to me as a bit of surprise.

11th February 2006, 07:31	#1
devarshi84 Senior - BHPian Join Date: Jun 2005 Location: Ahmedabad - Tor Posts: 4,024 Thanked: 211 Times View My Garage	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:
	() Thanks

11th February 2006, 09:19	#2
amit Senior - BHPian Join Date: Feb 2004 Location: Mumbai Posts: 3,717 Thanked: 449 Times	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!
	() Thanks

11th February 2006, 09:45	#3
Mpower Senior - BHPian Join Date: Mar 2005 Location: Bangalore Posts: 10,409 Thanked: 1,730 Times View My Garage	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.
	() Thanks

12th February 2006, 10:21	#4
devarshi84 Senior - BHPian Join Date: Jun 2005 Location: Ahmedabad - Tor Posts: 4,024 Thanked: 211 Times View My Garage	yeah. I didnt know. came to me as a bit of surprise.
	() Thanks