Maxima gets a challenge from Volvo !!!
#42
Misconception: Renault owns Nissan
Fact: Renault owns 44% of Nissan stock (or so it was just a few months ago)
Fact: 50.1% ownage is required to have controlling interest in a company.
Therefore Renault still does not totally own Nissan. Nissan actually owns roughly 15% of Renault.
GM used to own stock in Lotus and Volvo.
Ford had controlling interest in Ferrari in the 60's. The bitter buyback of the company by Enzo Ferrari left Ford with a big enough chip on it's shoulder to spare no expense to build the GT40 and beat/dominate Ferrari at Lemans in it's second and third year.
Fact: Renault owns 44% of Nissan stock (or so it was just a few months ago)
Fact: 50.1% ownage is required to have controlling interest in a company.
Therefore Renault still does not totally own Nissan. Nissan actually owns roughly 15% of Renault.
GM used to own stock in Lotus and Volvo.
Ford had controlling interest in Ferrari in the 60's. The bitter buyback of the company by Enzo Ferrari left Ford with a big enough chip on it's shoulder to spare no expense to build the GT40 and beat/dominate Ferrari at Lemans in it's second and third year.
#44
Originally posted by HIDManic
...and Nissan owns Datsun
...and Nissan owns Datsun
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MaximaDrvr
7th Generation Maxima (2009-2015)
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08-19-2015 08:20 PM