The Japanese automaker had been having a so-so year in the U.S. -- until May, when sales jumped over 20%. What drove that, and should Detroit be worried?
Japanese auto giant Nissan (NSANY -0.14%) was having a so-so year in the U.S., with sales up about 7% -- until May. Last month, Nissan's U.S. sales jumped 25%. What changed?
It turns out that Nissan's North American operation has a new boss, Jose Munoz. As Motley Fool contributor John Rosevear explains in this video, Munoz has big plans to gain ground in the U.S., thanks to the weakening Japanese yen -- and those plans should have Detroit worried.
Fool contributor John Rosevear has no position in any stocks mentioned. Follow him on Twitter at @jrosevear. The Motley Fool has no position in any of the stocks mentioned. 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.
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