Judge orders Nissan.com transferred back to estate of Uzi Nissan (1.Viewing)

Nissan.com is famous as an early test case in cybersquatting.


The car company Nissan battled for years to take the domain name from its registrant, whose name was Uzi Nissan. It failed, but Uzi Nissan spent over $3 million fighting Nissan in an eight-year battle that began in 1999.

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Nissan is facing one of its toughest financial challenges in recent history.

Late last week, the Japanese automaker reported dismal global sales figures, raising concerns that it may fall short of its fiscal year profit forecast, which the company already lowered back in July due to poor sales. Operating profit plunged by 99% last quarter, and sales dropped 5.5% in August, marking the company’s fifth consecutive month of decline, according to Bloomberg News.

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It's a Christmas miracle for Nissan, as the struggling automaker looks to get some financial assistance following a newly confirmed merger with Honda. The two Japanese auto giants, along with Mitsubishi, today confirmed plans to team up. This comes after last week's reports that predicated a merger. If the talks go through, the partnership would create the third-largest automaker in the world based on sales volume.

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A merger of Honda, Nissan and Mitsubishi could result in a behemoth worth more than $50 billion US based on the market capitalization of all three automakers.

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Honda's president, Toshihiro Mibe, said Honda and Nissan will pursue unifying their operations under a joint holding company. Honda will initially lead the new management, retaining the principles and brands of each company.

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