Nissan Brings Back the Datsun Brand

“We’re seeing trending in China, with companies like Chevy, Buick and others saving those established brand names for higher-end cars,” Mr. Bragman said. “Datsun is just a historical footnote to most people in this country.”

Published

13 years ago

March 21, 2012

BusinesSuiteOnline

Datsun’s back. Name Retired in 1981 Will Be Relaunched in India, Indonesia and Russia

For those of you born after 1981, Datsun was the predecessor to the Nissan brand, a fondly remembered brand name consigned to the annals of automotive history more than a quarter-century ago. But the badge is being revived outside the U.S., Nissan said today, as Datsun becomes its third global brand after Nissan and Infiniti. The rollout is set for 2014 in India, Indonesia and Russia, aimed at what CEO Carlos Ghosn described during an announcement in Jakarta today as “optimistic up-and-coming customers in high-growth markets.”

IHS Automotive senior analyst Aaron Bragman said the idea is to position Datsun at the low end of the market; Nissan as the mass-market, midpriced brand; and Infiniti at the high-end, near-luxury segment.

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John Mahfood “I Listed on the JSE to Raise Capital for My Business”

Published

9 years ago

November 24, 2016

Managing Editor

JSE Online Trading Platform

Published

9 years ago

November 24, 2016

Managing Editor

Grace Stockholders To Vote On 3-for-1 Stock Split Today

Published

9 years ago

July 11, 2016

BusinesSuiteOnline

Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

UK Loses S&P Triple A Rating

Published

9 years ago

June 27, 2016

BusinesSuiteOnline

The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

Published

9 years ago

June 27, 2016

BusinesSuiteOnline

Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.