Earnings wrap: Sitel, First Acceptance, Diversicare

Currency swings sting call center manager, auto insurer keeps lid on costs, nice numbers from long-term care provider
Nov 7, 2014 11:53 AM

Nissan could add another 1,000 workers in Canton

Nissan executives want to crank up production at their Canton, Mississippi, plant to 507,000 in 2017 from about 300,000 today. The plans call for extra lines and shifts as well as expansion investments and could involve hiring another 1,000 workers in central Mississippi.

“To build to 507, we do a couple of crazy tricks,” Martin said. “We have lunch breaks but we work through them. We have special squads of people that keep the lines moving.”

Nov 6, 2014 11:02 AM

Carlex wraps up Guardian deal

Central Glass, the Japan-based parent of Nashville-based Carlex, has wrapped up its acquisition of two Guardian Industries Corp. subsidiaries. The deal brings three factories — two of them in Indiana, one in Luxembourg — under the umbrella of Carlex, which is based in the storied former Ford Glass Plant in West Nashville.

"We are excited about the synergies between the newly formed Carlex businesses that will expand the global footprint of Central Glass," said Jim Shepherd, president of Carlex. "The customer crossover between the companies was minimal, so we’re realizing a maximum impact of new audiences."

In addition to new OEM customers, the Guardian deal adds infrared reflective coatings on automotive glass, heated windshields and heads-up display windshields to Carlex's product portfolio.

Nov 4, 2014 6:17 AM

Nissan sets October record for sales

Franklin-based Nissan has announced U.S. sales for October of 103,117 vehicles, an increase of 13.3 percent over the mark of the prior year and an October record. The company's Nissan division set an October record with 94,072 sales in the month, a year-over-year increase of 14.9 percent. This marks a monthly sales record for Nissan in 13 consecutive months, according to a release.

Rogue sales set an October record at 14,685, an increase of 13.7 percent. The all-electric LEAF also set an October record with 2,589 sales, an increase of 29.3 percent. LEAF has set the record for most U.S. sales in a year by an electric car at 24,411 in 2014 with two months remaining.

In contrast, Pathfinder sales were down 4.3 percent from October 2013 to October 2014. Likewise, sales dropped for the Cube and the Juke, among other Nissan brands.

“High consumer confidence and low gas prices helped Nissan set our 13th consecutive monthly sales record in October. We expect that these factors will continue to boost auto sales for the last two months of 2014,” Fred Diaz, Nissan senior vice president, U.S. sales and marketing and aftersales, said in the release. “Crossover sales are booming, and the all-new 2015 Murano, which goes into production this week in Canton, Mississippi, will bring additional excitement to Nissan’s crossover lineup that already includes the red-hot Rogue.”

Nov 4, 2014 5:45 AM

Franklin-based auto parts maker hires COO

Veteran of Jacuzzi, elsewhere will oversee tire, wheel operations
Oct 31, 2014 2:14 PM

Infiniti picks new ad agency

The leaders of Nissan's Infiniti luxury division have chosen a new advertising agency of record for the first time since the late 1990s. The automaker now will work with Crispin Porter + Bogusky, dropping TBWA. The company, which spends about $450 million globally each year, had this summer narrowed its list of agencies down to four.

Oct 28, 2014 9:10 AM

Consultant: Strong auto market still has room to grow

Among factors helping sales are beginning of return of subprime lending
Oct 23, 2014 9:52 AM

Chinese auto parts suppliers sue Vista-Pro

Complaint alleges nearly $700K in unpaid invoices
Oct 20, 2014 2:25 PM

Nissan recalling '13 Altimas

Nissan executives are recalling more than 220,000 Altima sedans from the 2013 model year because a malfunction in the secondary hood latches could allow the vehicles' hoods to fly open while the cars are in motion. The recall could be expanded to other models.

Oct 10, 2014 9:48 AM

Superspeedway buyer extends deadline to close

Payment also gives local group time to look into 'certain survey matters'
Oct 9, 2014 7:36 AM