Nissan's Me-Too Move to Boost Profits
Sales of luxury cars are growing faster than the overall market here in the U.S. -- and they're positively booming in places like China. Several automakers have already announced big investments in their luxury-car lineups, and now Nissan says it will spruce up its Infiniti brand to join them.
In this video, Fool.com contributor John Rosevear looks at the state (and importance) of the global luxury-car wars, and at whether Nissan's ambitious plans are likely to turn into big profits.
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.
The article Nissan's Me-Too Move to Boost Profits originally appeared on Fool.com.Motley Fool contributor John Rosevear owns shares of General Motors. Follow him on Twitter at @jrosevear.The Motley Fool recommends BMW and General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.