On Thursday, Nissan Motor Company reported they experienced a 7.2% rise in quarterly operating profits and claimed that their global product distribution would return to normal at least one month earlier despite a the disruption they had due to the March 11 earthquake in Japan.
Toyota also announced on Wednesday that their production would start to become more normal in June, approximately two months earlier than they originally expected to see such an improvement.
CEO of Nissan, Carlos Ghosn said the availability of electricity from the nuclear power plants was a concern. “I think the picture of our own plants is now stabilized, but the picture coming from the suppliers is still being worked on”, he said.
Mr. Ghosn stressed to those he interviewed that Nissan’s momentum in sales before the quake was one of the strongest in the industry, and he said that he expected to get a hold of that same momentum in October when supplies to build cars was no longer an issue.
Climate Change could impact more than 30% of animals and more than 50% of plants on our planet during the current century, as per latest estimates of scientists. With climate change, the habitat is becoming difficult for many species to survive.
This change in climate and the ecosystem for various plants and animals can have major impact...
At 11.10 pm, Barack Obama recorded a historic win by defeating his rival, Mitt Romney by 100 votes. Obama was given 303 electoral votes by the major networks, while Romney got 203.
Obama, the first African American President, was elected...
Objections have been imposed against Cathay Pacific Airways and Virgin Atlantic by the U.K....
A recent report has confirmed that former Warriors captain Peter Ndlovu would be sent to England...
Average price of gasoline has fallen by six cents since past two weeks and further plunge in the price is expected in the coming days.
The decrease is first in the prices since December. According to reports by the Lundberg Survey of fuel...
As per the revelations of a new report, New York Attorney General Eric Schneiderman has been...
A new survey by Newcastle researchers includes a study of experience of the new mothers. This is...
As per a study done by scientists of Johannes Gutenberg...
A second meteorite landed in one of the towns of...
A pair of white dwarf stars has been recently discovered...
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