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Is Nissan About to Go Belly Up?
Eric Peters Autos ^ | 7/25/19 | Eric Peters

Posted on 07/27/2019 9:43:24 PM PDT by LibWhacker

click here to read article


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To: Tallguy
More on Ghosn. Interesting reading....

Automotive Industry's Turnaround King

81 posted on 07/28/2019 4:19:15 AM PDT by mewzilla (Break out the mustard seeds)
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To: BunnySlippers

There are three Nissan dealers within the LA city limits:

Nissan of Downtown LA

Nissan of Mission Hills

Universal City Nissan

There are others located in Van Nuys, Glendale, Gardena, and Carson. I’m not saying any are convenient for you, but it’s not true there’s only one left in Los Angeles.


82 posted on 07/28/2019 4:19:51 AM PDT by SoCal Pubbie (Ca)
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To: LibWhacker

Much of the difficulties at Nissan can be laid squarely on their use of BOGUS (CRAP) CVT TRANSMISSIONS... THEY are UNRELIABLE and UNREPAIRABLE!


83 posted on 07/28/2019 4:37:10 AM PDT by WellyP (question!)
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To: LibWhacker
>>> But because “climate change,” Nissan and everyone else has been forced to commit billions to development of hundreds of thousands of electric cars they won’t be able to sell...

Gubmint mandates forcing not just Nissan but everybody else to the electric car market.

If Nissan's other cars are selling, why is it only Nissan is seeing the profit plummeting? Granted, they are one of the earliest car makers to roll out Nissan Leaf, but that still doesn't explain it. Unless the development cost is much much higher than reported.

This doesn't make sense.

84 posted on 07/28/2019 4:43:45 AM PDT by Sir Napsalot (Pravda + Useful Idiots = USSR; Journ0List + Useful Idiots = DopeyChangey)
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To: LibWhacker

The article says Nissan cut jobs in Indonesia and Spain. Guess what, Nissan manufactures American autos here in the USA, nothing about job losses here. Their sports cars are manufactured in Japan, their 370Z and GTR.

Nissan is certainly a very popular brand in the United States, there is no shortage of Nissans on the road when I’m out and about any day of the week. Yes, I’m a Nissan owner of a 2016 Murano SUV, very happy with it so far. I chose them for being built in the USA. If this article isn’t fake news, it’s certainly cherry picked facts to grind an ax against Nissan. Not sure why, they provide American jobs.


85 posted on 07/28/2019 4:48:38 AM PDT by KobraKai
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To: LibWhacker

The dealership nearest me has a rudeness and tendency to lie repeatedly. Can’t deal with them. Too arrogant and the a saleman’s word means another lie is being used


86 posted on 07/28/2019 4:52:46 AM PDT by no-to-illegals (Liberals, leftists, Rinos, moslems, illegals, lamestream media. All want America to fail and die)
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To: WellyP

I bought my used 2010 Nissan Rogue because it was a “gutless wonder” that gets good mileage, rides well (with the correct tires) and carries a LOT OF STUFF.

If Nissan were to change to a more conventional transmission they would lose maybe 1 MPG but would gain in reliability and restore their good name. GET RID OF THE BOGUS CVT TRANSMISSIONS!


87 posted on 07/28/2019 4:52:48 AM PDT by WellyP (question!)
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To: LibWhacker

If you are Facebook, and your main product is finding people in China who are practicing Wrongthink, and you can do that with 100 employees who work in Mountain View CA, you can make money all day.

But if you are Nissan, or anybody else who buys iron ore and rubber by the shipload, and pay workers in the tens of thousands to make useful things, then you really do have to make things people actually want.


88 posted on 07/28/2019 4:59:57 AM PDT by Jim Noble (I have never seen a dead horse get up, beat on or not)
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To: pepsionice

Plus Millennials don’t like cars. If they live anywhere where they can walk, pedal or scoot to their destination or do an Uber, or car share like we have here in Indianapolis, they don’t buy cars. That should be a scary thought for all car manufacturers.


89 posted on 07/28/2019 5:00:21 AM PDT by redangus
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To: KobraKai

“Battered by a drop in sales and dive in profits, Nissan says it plans to cut 12,500 jobs around the world — including more than 1,400 in the United States — after posting a big drop in profits for the first quarter.”

https://www.npr.org/2019/07/25/745192415/nissan-is-cutting-12-500-jobs-latest-sign-of-trouble-for-the-auto-industry


90 posted on 07/28/2019 5:09:32 AM PDT by SoCal Pubbie (Ca)
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To: Aqua225

I hear the Tundra is an awesome truck. One of my life long Ford friends is set on a new Tundra this year.


91 posted on 07/28/2019 5:16:09 AM PDT by Bearshouse
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To: Romans Nine

The only memorable vehicles are the 280Z/300Z and the Pathfinder and maybe the Altima but only because of all the commercials for it.

Their quality was ok but they tended to make changes mid year which drove parts guys and mechanics crazy. I’m a bit of a car guy and can’t think of any engine that had any fame. Toyota trucks had the 20R and 22R that are legendary due to their reliability and ease to work on. Toyotas always reminded my of working on a Chevy for some reason.


92 posted on 07/28/2019 5:20:54 AM PDT by Pollard (If you don't understand what I typed, you haven't read the classics.)
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To: qaz123

I have a Titan that I traded some work for to use as a spare vehicle for my family. It had a bad valve body (transmission) that I repaired and then I drove it for about 10,000 miles. It’s a 2005 with the 5.7 and four wheel drive. I couldn’t believe how quick it was, however I also couldn’t believe how thirsty it is under normal circumstances. Best fuel mileage I could muster out of it was around 14-15. It has 160,000 miles on it.


93 posted on 07/28/2019 5:26:27 AM PDT by Romans Nine
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To: LibWhacker

Nissan/Renault engineered, manufactured and sold junk
https://www.carcomplaints.com/news/2017/nissan-transmission-cvt-class-action-lawsuit.shtml

https://www.youtube.com/watch?v=-gpctiidqKM

Datsun’s were great, now the current Nissan, not so much
https://auto-videos.com/video_e4a484w5e5s3m4s4351406


94 posted on 07/28/2019 5:26:39 AM PDT by Steven Tyler
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To: lee martell

Romans nine is New Testament. It’s my favorite chapter in the Bible. It’s about God’s Sovereignty in Salvation. Possibly the most hated chapter of all the Bible.


95 posted on 07/28/2019 5:31:00 AM PDT by Romans Nine
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To: LibWhacker

if they would quit making the Titan look like 18 year old boys with too much money accessorized them, they would have a nice truck. The ones at our local dealership scream mall crawler.


96 posted on 07/28/2019 5:48:17 AM PDT by BudgieRamone (Everybody loves a bonk on the head.)
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To: LibWhacker

Their cars are crap. Their Jatco Rubber Band Transmissions are the biggest POS’s. Only the Frogs can screw up something like Nissan, and they used to be right up there with Toyota in car quality.


97 posted on 07/28/2019 5:51:02 AM PDT by ImJustAnotherOkie (All I know is The I read in the papers.)
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To: LibWhacker

45 years ago i was a Datsun parts manager.
Except for the Datsun Patrol (a jeep like creature) and the 240, 280 z’s they were crap even back then.


98 posted on 07/28/2019 5:51:18 AM PDT by Joe Boucher ( Molon Labe' baby, Molon Labe)
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To: Data Miner

Yep.

Nissan is hooked up with Renault and Fiat-Chrysler. Sounds like a merger of companies who need taxpayer money to survive and where vehicles are secondary. They’re all a mess.


99 posted on 07/28/2019 5:59:35 AM PDT by jjotto (Next week, BOOM!, for sure!)
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To: samadams2000

And the 280zx!


100 posted on 07/28/2019 6:03:27 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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