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More than a year after its outbreak, the coronavirus keeps finding new ways to hit carmakers.
I ADMIT there was a time when I dreaded driving up to Baguio City on a weekend, and it was simply because of the sheer traffic I had to endure on the way up there! I recall to have made it a point to drive up to the beautiful city only on weekdays — during off-peak hours — while secretly wishing I could just somehow teleport to Camp John Hay where I could enjoy crisp morning jogs with the forest bathed in fresh pine.
BEIJING — As COVID-19 threw a wrench into the cogs of car retailing, a senior Nissan board member challenged the chief operating officer to explain what the automaker was doing to adapt to a new era where customers may be reluctant to roam showrooms.
THE DEPARTMENT of Tourism (DoT), according to Secretary Bernadette Romulo-Puyat, recently conducted a survey to ascertain people’s confidence with traveling — “even in the absence of a cure or vaccine for COVID-19.” The official reported that respondents (who were sought from different regions) “showed a preference to initially travel to destinations closer to home.”
NISSAN MOTOR CO. LTD. is looking to rein in costs and mitigate the business effects of COVID-19 by taking a long hard look at its operations. Part of its vision may entail Nissan vehicles rolling out of a Mitsubishi production line here.
THE Securities and Exchange Commission (SEC) is investigating whether Nissan Motor Co. accurately disclosed its executive pay in the US, according to several people familiar with the matter, compounding the car maker’s woes as it grapples with the aftermath of former chairman Carlos Ghosn’s arrest.