Daily Archives: 11/01/2017

Automaker Accountability Safe Climate Campaign (4)

Last winter, the 2 corporations hatched a plan the place Nissan would build a small car for Chrysler that the American automaker would promote in its Latin American market. The automaker will pay out 30 % of internet income in dividends within two to three years as compared with 25 p.c this fiscal 12 months, Honda’s chief financial officer, Fumihiko Ike, mentioned in an interview. Last yr, the automaker also benefited from the $395 million sale of its stake in Suzuki Motors. Even after automakers met the primary gasoline financial system standards in the Seventies and 1980s, they didn’t abandon their opposition to requirements that they produce cars to meet greater miles-per-gallon standards. Conversely, Nissan additionally owns a big chunk of Peugeot, with each automakers run by one particular person, Carl Ghosn. The colours are taken from the flag of Bavaria – south-jap German state – where the automaker is …