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NISSAN wins NYC Taxi Contract

Nissan wins NYC taxi contract: Daily News - Yahoo! News Big news for NISSAN. Shares are trading up around 14% on the news. Nissan wins NYC taxi contract: Daily News

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Old 05-03-2011, 10:58 AM   #1 (permalink)
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Default NISSAN wins NYC Taxi Contract

Nissan wins NYC taxi contract: Daily News - Yahoo! News

Big news for NISSAN. Shares are trading up around 14% on the news.

Quote:
Nissan wins NYC taxi contract: Daily News
2 hrs 18 mins ago

.NEW YORK (Reuters) – Japan's Nissan Motor Co Ltd won New York City's 10-year contract to build the next generation of taxis for the city, a deal estimated to be worth more than $1 billion, the New York Daily News reported on Tuesday, citing unnamed sources.

Mayor Michael Bloomberg and the city's Taxi and Limousine Commission were due to announce the winner later on Tuesday.

The other two finalists for the concession were Turkish manufacturer Karsan Otomotiv and U.S. automaker Ford Motor Co.

The "Taxi of Tomorrow" would replace the 16 models now authorized. The 10-year contract is expected to begin in 2013.

Nissan's bid was based on its NY200 minivan, the Daily News reported.

Karsan's bid had gained notice because of its design for a transparent roof for better sight-seeing and a ramp that would make it wheelchair accessible off the factory floor.

Karsan also hoped to gain favor with city officials by promising to assemble the cars in Brooklyn, vowing to use union labor. The plant would have marked a return of auto-making to the city for first time in about a century.

(Reporting by Daniel Trotta; editing by Gerald E. McCormick and Maureen Bavdek)
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Old 05-03-2011, 11:27 AM   #2 (permalink)
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Saw this on Jalopnik, I thought the design of the interior was really neat and a nice improvement over the Sienna/Escape/Crown Vics that are currently in service. That is a huge contract too!
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Old 05-03-2011, 11:28 AM   #3 (permalink)
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Now they'll all be stuck in NYC b/c of high oil temperatures

I kid, I kid

Dammit I knew I should've done a speculative purchase of Nissan last week!
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Old 05-03-2011, 11:33 AM   #4 (permalink)
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good news for Nissan...
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Old 05-03-2011, 11:37 AM   #5 (permalink)
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very nice!
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Old 05-03-2011, 12:08 PM   #6 (permalink)
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What's Nissan's stock symbol. There's multiple ones and I'm newb enough that I can't figure out which one is right.
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Old 05-03-2011, 12:56 PM   #7 (permalink)
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No Miata doors.
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Old 05-03-2011, 01:19 PM   #8 (permalink)
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only $1,000,000,000
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Old 05-04-2011, 06:00 PM   #9 (permalink)
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Now that is a contract!
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Old 05-05-2011, 06:41 AM   #10 (permalink)
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lol taxi cab is kinda goofey looking... but as long as it's comfortable, and gets me from a to b, it's legit
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Old 05-05-2011, 07:18 AM   #11 (permalink)
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Originally Posted by Isamu View Post
lol taxi cab is kinda goofey looking... but as long as it's comfortable, and gets me from a to b, it's legit
I think it looks good for a city taxi. Makes a lot more sense than the big Crown Vics. Even the Escapes a lot of the cab companies are using now don't really offer a lot of interior capacity given their exterior dimensions.
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Old 05-05-2011, 08:55 AM   #12 (permalink)
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I think it looks good for a city taxi. Makes a lot more sense than the big Crown Vics. Even the Escapes a lot of the cab companies are using now don't really offer a lot of interior capacity given their exterior dimensions.
fair enough... I guess i was looking at it from a would I drive it perspective... lol
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