thedoggybloggy
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Back in Hawaii, Nissan Motor Co Stock Up
Hey guys I just got back to my home in Hawaii and am eager to get writing again. I have to blog and write some articles and generally report on the news. In recent market activity, Nissan's Stock rose for the first time in several days on the Tokyo Stock Exchange following a report that the firm plus partner Renault of France
are in negotiating with the Chrysler Corporation to purchase assets. This could be good or bad news, depending on how you look at. I live in hawaii myself and I have noticed that
the Hawaii Nissan dealers are not as busy as in recent months but it still remains one of the most popular cars on the road here in Hawaii. Speaking of that, if you are in Hawaii and you happen to want to look at a vehicle at a Hawaii Nissan vehicle lot then by all means
take a look at the preceding site. Now back to the article at hand...
Nissan jumped up some 3.5 percent by the end of the day. All in all, Japanese rivals also rose following a much weakened yen.
In addition to this, Renault and Nissan may both bid for Chrysler’s Jeep SubDivision plus other assets. Nonetheless, it should be noted that Nissan spokeswoman Pauline Kee refused to specifically confirm this particular report.
For her part, Chrysler spokeswoman Shawn Morgan would not comment nor would Peter Duda, a spokesperson for Cerberus Capital Management LP, the owner of that firm.
The weaker yen obviously increases the value of the dollar-related earnings. This certainly helps out the Japanese vehicle producing power trio as they quite often recieve a large amount of profit from the United States.
Now, if only the somewhat beleagured US auto industry could figure something out to help themselves also.
Last edited by thedoggybloggy, 1/19/2009, 10:03 pm
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1/19/2009, 10:01 pm
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