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Renault owns 40% of Nissan/Infiniti??

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Old 08-14-2002, 12:36 PM
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Renault owns 40% of Nissan/Infiniti??
Is this true? My friend in his 97 Maxima SE told me this. Please don't flame its just a simple question. Thanks for the clerification!
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Old 08-14-2002, 12:47 PM
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Re: Renault owns 40% of Nissan/Infiniti??
Yep, that's true. Renault owns a good chunk of Nissan, and their president, Carlos Ghosn, has been credited with turning things around for the company. Apparently, Nissan was in a big mess before he came around. So with lots and lots of cost-cutting, and a move to make their cars more sporty, Nissan is now doing much better.
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Old 08-14-2002, 12:50 PM
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Re: Re: Renault owns 40% of Nissan/Infiniti??
Originally posted by KennyLau
Yep, that's true. Renault owns a good chunk of Nissan, and their president, Carlos Ghosn, has been credited with turning things around for the company. Apparently, Nissan was in a big mess before he came around. So with lots and lots of cost-cutting, and a move to make their cars more sporty, Nissan is now doing much better.
Wow thats very interesting. I did not realise Renault had such a huge part in building back Nissan's success. Thanks very much for the info!
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Old 08-14-2002, 03:07 PM
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Yep...Nissan was on the verge of going BANKRUPT, until Ghosn and of course Renault came along. Nissan was a little over 2 billion dollars in debt. I think they broke even last year or this year, which is good.
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Old 08-14-2002, 03:09 PM
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Renault? They make crappy cars. How come the crappy car companies always end up buying the better ones?

Dixit
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Old 08-14-2002, 03:22 PM
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With all the cheap and crappy parts they use on there cars, they save money. Then they wait for a company to hit rock bottom and then they buy into them. Look at Nissan now. :X Watch out for Kia and Daewoo. Damn little companies.
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Old 08-14-2002, 03:27 PM
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Originally posted by BigDogJonx
Renault? They make crappy cars. How come the crappy car companies always end up buying the better ones?

Dixit
I don't know Renault makes some nice cars, like the Clio V6--->
and in another colour-->
Mmmmm I wouldn't mind having one!
Oh and YES, this comes stock like this!
And look it's a Midship!
specs:0-62mph = 6.4secs
Top Speed= 147mph
and 230bhp.
 
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Old 08-14-2002, 03:31 PM
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yep...Renault has some pretty nice cars...Clio is really nice but again , they don't sell them here.
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Old 08-14-2002, 03:32 PM
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Originally posted by 2001SE
yep...Renault has some pretty nice cars...Clio is really nice but again , they don't sell them here.
True, but then again they don't sell any of their cars here.
 
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Old 08-14-2002, 03:33 PM
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I heard the new 6th gen maxima was going be called the LeMax...

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Old 08-14-2002, 03:36 PM
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Renault apparently likes the VQ too...
They're using it in a few of their cars. I think one of them is called the Vel Satis.
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Old 08-14-2002, 04:20 PM
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Originally posted by augie
With all the cheap and crappy parts they use on there cars, they save money. Then they wait for a company to hit rock bottom and then they buy into them. Look at Nissan now. :X Watch out for Kia and Daewoo. Damn little companies.
I don't think you have to worry about Daewoo. They're about to stop selling cars in the US. That means no dealerships either...sucks for people who already bought em.
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Old 08-14-2002, 04:40 PM
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Originally posted by BigDogJonx
Renault? They make crappy cars. How come the crappy car companies always end up buying the better ones?

Dixit
Renauld is a pretty respected company in Europe I dont think they r crappy at all do some research
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