Nissan profits COLLAPSE 99% - will BYD or Geely save them from bankruptcy
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Published 2024-07-27
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#nissan #byd #geely #bankrupt #profit #evnews
👇Reference to the news/charts & videos used in this video:
insideevs.com/news/727870/nissan-ev-death-spiral-9… www.autonews.com/automakers-suppliers/nissan-q1-pr… www.autonews.com/automakers-suppliers/sales-hybrid…
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All Comments (21)
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Carlos Ghosn saved Nissan when he took over. Then they aggressively kicked him out. They deserve what they get!
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It’s still concerning that only 2 companies are making profit from EV’s. Definitely agree with you on Nissan. Sad that the company that brought us the GTR that was so far ahead of its competitors has become irrelevant.
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Japan will prop up Nissan indefinitely due to the need to keep jobs alive and prevent regional economic collapse. Like the UK did in the 50’s and 60’s with its auto industry. That didn’t end well either.
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Nissan is paying the price for their coup against ghosn - BYD or Geely would be well advised to be extremely careful in dealing with the very duplicitous and deceitful management and board
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Not even Carlos can save them now.
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😢 sad times ahead. Hopefully BYD can buy them out instead of Geely. Geely already has a stable numbers of brand
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Nissan had a chance to sell the V-6 Frontier, but got greedy and wouldn't lower prices. Who the hell runs that company?
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Nissan seems like a great buy for GM. GM loves giving billions to companies that are failing, going bankrupt, or are just frauds.
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Very sad, when you consider Nissan, was a pioneer in EV adoption.
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Nissan makes legacy cars on no doubt legacy production lines which must be very expensive.
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Nissan, Honda, Mazda ect., oh dear 😢😮
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The only thing worth anything is the Versa manual transmission. The CVT destroyed Nissan.
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Your message Sam has been consistent logical and is evolving before everyone. The next up is VW/Audi who live on a similar planet of overcharging and under delivering with “new” models being a rehash of their back catalogue. Good luck with your shareholders Wolfsburg…they stand to get nothing from your financial collapse.
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Mercedes introduced dynamic pricing in Germany. The removed official price lists from their homepage and prices for the same car will differ based on time and demand in the future. Overall, their cars are much more expensive than a few years ago while not being that innovative.
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Back in the early 2000’s Nissan was a leader in design and performance. I had the M45 and M35 which, for its time were fabulous. The problem was that the cars had FOUR expensive catalytic converters and other components which quickly made the cars too costly to maintain, even though cosmetically, the cars looked new. Really a shame, especially because Nissan had so much potential.
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Out of Spec channel recently showed how Nissan is almost giving away their Nissan Leafs. My guess is that Nissan knows it won't be around to have to live up to warranty claims when the Leaf's non-thermally regulated battery pack dies early.
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Sadly, I don't think the Japanese govt would be open to having a Chinese company (esp one partly owned by the CCP) own one of the Japanese car companies. There is too much animosity still between those two nations. Japan is more likely to insist that Toyota take them over with the Japanese govt to help.
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Does that mean the Leaf has left?
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will BYD or Geely save them from bankruptcy? No... Why should they?
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Really sad. I started my ev adventure in a Leaf in 2011. By 2013 something had changed in their belief in the car. I did think when they introduced the e-Power unit that they had seen the light and would actually offer customers choices, but no.
