NEW YORK (Dow Jones)–New York City Mayor Michael Bloomberg said Tuesday that Japanese automobile company Nissan Motor Co. (NSANY, 7201.TO) had won a 10-year, $1 billion contract to provide thousands of taxis to the city beginning in about two years.
The other “Taxi of Tomorrow” finalists were Ford Motor Co. (F) and Turkish car maker Karsan Otomotiv Sanayii ve Ticaret AS (KARSN.IS). At a press conference here, Bloomberg said none of the interested bidders proposed making their cars in the U.S., at least at first, so the move shouldn’t be seen as choosing a foreign company over a domestic one.
via Nissan Wins $1B Pact To Provide NYC Taxis Beginning In Late 2013 – WSJ.com.
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