Nissan is dying and taking globalisation with it
More than half of revenues are in North America, and about 30 per cent of the vehicles produced in its Japanese factories are exported to the same market. PHOTO: AFP
In retrospect, you can put a date on the moment globalisation peaked: Jan 24, 2018.
In the rarefied winter air of Davos, Switzerland, Mr Carlos Ghosn – then boss of the sprawling alliance of Nissan Motor, Renault SA and Mitsubishi Motors – was asked what he thought of a tentative initial round of tariffs on washing machines and solar panels imposed by US President Donald Trump.
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