Nissan Motor Co. Ltd. expects to make a profit of ¥50 billion ($387 million) on the sale of its Murayama plant in Tokyo, which closed as part of Nissan’s 3-year restructuring plan launched in October 1999. A religious group has agreed to purchase three quarters of the site, with Nissan planning to build a large auto service retail center on some of the remaining land.
Premium Content (PAID Subscription Required)
"Nissan to Make ¥50 Billion on Murayama Sale" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.