Binary options strategy: Trade Nissan stock with binary options
Nissan Motor Company Ltd. (commonly called Nissan), is a multinational company specializing in automobile construction. It is headquartered in Japan.
Company history: Before Nissan was created, it was formerly known as Datsun. On July 1, 1911, Datsun’s creators Kenjiro Den, Rokuro Aoyama and Meitaro Takeuchi, began to manufacture automobiles. Three years later, the DAT emerged from the workshop, with a 10hp V2 engine and a top speed of 32 km/h.
In 1919 an Osaka-based company called Jitsuyo Jidosha Seizo was formed, producing the “Lila”. In 1926, Datsun and Seizo merged and became DAT in Osaka and specialized in truck manufacturing. During the 30s, the company decided to refocus on automobile production with the DAT 91. In 1931, the company became a subsidiary of Tobata Imono Co. and began production of a version of the British Austin 7.
In 1932, the company built a factory in Yokohama and renamed their products DATSUN. In 1934, Nihon Sangyo Co. took over the company and renamed it Nissan Motor Co Ltd: The Nissan brand was born.
In 1999, the Nissan group was close to bankruptcy, but an alliance was formed with French automaker Renault and Carlos Ghosn took over the Japanese company. Ghosn implemented proactive policies such as cross shareholdings. By 2012, the Nissan group owned 15% of Renault’s capital, and inversely the Renault group held 43.4% of Nissan’s capital. As such, Ghosn was able to rescue the business, which elevated his status within the automobile industry.
Trade Nissan stock with binary options: You can trade Nissan stock with binary options by speculating on a stock price increase or decrease upon different expiry periods such as short term, medium term and long term. Check out our binary options broker comparison guide and start trading Nissan stock now!
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