The influence of foreign executives at the helm of Japan's biggest car manufacturers fails to conceal the old corporate model underneath
By any reckoning, it has been quite a year for Japanese auto companies, whose results have just landed. Record earnings at Nissan and Toyota, dramatic swings from losses to profits at Mitsubishi Motor and Mazda, all this comes amid much change in the industry. The salutary performances turned in by Japan's big-brand car manufacturers also come with some sort of weird celebratory ritual among the 'gaijin,'' as we foreigners are known. Somehow, these companies are now supposed to be something other than Japanese. They're succeeding to the extent that they've begun to follow the lead of i...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes