Is Nissan in Major Trouble?! Can Nissan Survive Its Recent Troubles?
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- Опубліковано 9 вер 2024
- Is Nissan Going BANKRUPT?! Major Car Company CRISIS! I hope I’m wrong but Nissan maybe in a death spiral. Let me explain. Nissan lost nearly every dollar that it made last quarter. This is a very serious situation. And now Nissan is offering buyouts to salaried workers as U.S. as its business slides. In addition, according to CEO Makoto Uchida, states it used incentives to help convince U.S. customers to actually buy its cars.
The automaker's profits fell 99% in its first quarter, running from April 1 through June 30, sending its stock plummeting nearly 11% before briefly recovering. In the entire quarter, the automaker profited just $6.5 million versus $835.5 million the year prior.
The U.S. and China typically make up 51% of Nissan's automotive sales volume. The problem is, Americans aren't buying Nissans like they used to, even with new products. This has led to the automaker forced to throw piles of cash in the form of incentives and discounts on the hoods of its cars and significantly increase its advertising efforts to stay competitive.
They are the only two markets where it sold more than 100,000 vehicles in the first quarter. Japan, its home market, is its third-largest market by sales.
Nissan even offered their dealers cash to take inventory back in March, sliding as much as $2,000 to retailers willing to take inventory of unsold Nissan Rogues. And, yes, customers noticed on social media sites and questioned why there were so many "New" 2023 Nissans on the lot when 2024 models had already been on sale for some time. On top of the dealer incentives, Nissan also offered 0% financing on some models while prime auto loan interest rates were still sky-high.
Another major issue is the lack of innovative cars in a changing car market. Nissan only makes two EVs today: Nissan Leaf and the Nissan Ariya and sales are not as expected. It also lacks any hybrid options, technically-advanced features, and other popular items in a modern vehicle. Consumers paying top-dollar for a new vehicle want modern interiors, easy to use buttons and large screens, and Nissan simply hasn't been delivering these in recent years.
As traditional automakers like Hyundai, Kia, Toyota, Honda and Ford have upped their technology, safety and powertrains, Nissan has been struggling? Apparently struggling to drive interest in their gas-powered Rogue.
The automaker's newest flagship EV, the Ariya, is an export from Japan, making it ineligible for the $7,500 federal tax credit. The only exception is if the car is leased, which Nissan used to its advantage, eventually dropping the electric SUV's lease price to as low as $199 per month. On top of the low monthly payment, Nissan also offered $9,280 in lease cash, $1,000 in bonus cash, and another $1,000 in loyalty cash. All of that comes to $3,780 over the federal tax credit. That’s a deal if you are in the EV car market.
Nissan has committed to launching seven new hybrids and EVs in the U.S. by 2028. Nissan will still need to convince customers to purchase its cars over the next four years while it prepares a new lineup, and hopes to do that by refreshing 60% of its ICE-powered cars by next year. As the market demand changes, Nissan will need to consider hybrid, electric and gas powered vehicles across the complete lineup to be competitive.
Nissan states "However, we'll recover our performance by taking clear measures to address the challenges and launching new models."
If you are shopping for a new vehicles, there are some good deals at Nissan and Infiniti. I do fear for their future as they brand cuts output and asks older employees to retire early. We will be watching closely as the year continues and keep you posted.
Thanks for watching!
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It’s getting late for Nissan, I’d go back to what people want and build from there. I’d put regular automatic transmission (no cvt) and non turbo motors in their top selling vehicles and sell at MSRP (no markups or add on’s) and see if that works. Also I’d have good service dept with Tech’s that know what they’re doing. Lots of their dealer service dept have turn to crap also.
I agree - but someone is guiding them down the wrong path.
Yeah they hired some people who would say “ok at this dealership Infiniti and Nissan this is what salesmen say what customers want and let’s do the opposite “ I was asked in 2018 to be on a panel to tell high ups what to sell and I told them simple stuff like “make the QX80 with a diesel and it can be special order only or make a Q30 to complete with A3 or make a Q60 in convertible at least for certain markets such as California or Florida “ what Nissan biggest problems are they take too long to come out with stuff . And yeah also many customers don’t like the driving stuff with CVT it’s a bit jerky
Nissan is terrible at almost everything 😂.
Nissan doesn't know how to advertise their good vehicles, like the Frontier... And.the Titan. Well they use to make the Titan. What a shame.
Nissan need to get rid of Jatco, the maker of Nissan's transmission.
Nissan need some type of better metal or material for the bodies of their cars, because they rust so fast!!!
But I feel that Nissan need to go away with the dodo birds.
@@CarCoachReports Namely the climate terrorists and WEF.
They cant go back and its because of the anti human climate agenda.
Bad CVT transmission killed this company!
I agree.
Jatco blows.
I agree. At 70, I am old enough to remember when Nissans used to be really solid, reliable cars. They sure went downhill.
And the way they dealt with it.
Nissan's small vehicles with sketchy CVT's has helped ruined a once respected brand. They have scared their customers away through unreliabilty.
Not a fan of CVTs
I would never buy a vehicle with a CVT.
@@opencarry3860 Me either
Neither do I!
I've got a Nissan CVT and it's great
Just get rid of the CVT and I would buy one
The Cvt issue is mainly fixed. Change the oil in it every 30k and it will be fine. The variable compression rate engines and the 3 liter twin turbo engines are what I’d stay away from.
I miss the Nissan of the 90s. Quality and performance.
The biggest problem is not new models, but serious reliability problems with their engines and transmissions.
You are confusing Nissan with Toyota. Look at the current recall data. You are wrong.
@@Truth2240 buddy toyota has like 2 recalls, nothing major. its a better brand unlike nissan.
Wow, Nissan is having trouble!@@Truth2240
their engines are fine its their garbage CVTs that are the problem
@@Greatdome99 there's nothing wrong with Nissan engines they are good engines they need to get rid of the cvts and go back to the traditional automatic transmission or manual transmission
One acronym…JATCO. Get rid of CVTs, go back to manual transmissions and automatics and their market share would likely improve, but it may now be too little, too late.
Perhaps if it stopped making shitty cars..........
Nissan used to be known for good manual transmissions. They traded them for cvt. Bad trade.
Most people quit wanting manual.
CVT TRANSMISSION IS THE CULPRIT!!! COME ON NISSAN, JUST LISTEN TO YOUR CUSTOMERS...
Growing up one of my dream vehicles was the Datsun 280Z. It's sad to see them struggling so much but I imagine a lot of it is self inflicted.
They could increase sales and profits if they built a retro 240z as close to the original as possible.
Sports car sales are near dead for most car companies
NO turbos on 4 cylinders!! Turbos are 4 cyl killers. Damn it.
People have been asking for a long time for them to get rid of the trash CVT. They refused when other manufacturers continued to develop and make more conventional transmissions. Bad decisions cost companies.
Nissan's ill decision on using CVT for most of their lineup is the single biggest reason contributes to its demise. CVT was the watershed moment in Nissan quality.
@@kevinw1090 unfortunately most manufacturers are going to cvt now, it’s not just Nissan.
@@Commentleaver-c6x even for CVTs, they are not created equal. Nissan's CVTs are worse than its other Japanese counterparts.
@@kevinw1090 my wife had a 2014 Nissan Altima with a cvt that’s got around 200,000 miles now and there’s never been a single issue with the transmission and it’s never even been serviced.
@@kevinw1090Was.
@@Commentleaver-c6x it all depends on how it’s driven. You should definitely flush the transmission and replace the fluid every 30,000 miles/50,000 km apparently.
Stelantis is in the same boat, in fact it's been rumored for months that they're going to phase out Chrysler to cut costs SMH
Hate to see this. There Frontier Pickup Truck is the best midsize truck on the market. Great value. You can get one without all the crap. Just on honest working truck. Great V6 engine and regular transmission. No cvt. The card with the CVT sre another story.
Is it? There is no manual gearbox available, too much technology, no regular cab, no lever shift 4 wheel drive. Fix those problems...
@@dougkabler3032 tell Toyota that they aren't doing so hot these days lol.
Nissan, get rid of your Infamous Crap-Co Cvt Transmissions and you might just start selling vehicles , once again !!!
One thing I just noticed about an Ariya EV cheap 2-year lease ($99/month), was that they assumed a residual (future) value of $25k on the car, and they say "The customer may be charged for the difference between the assumed residual value and the actual value of the car after 2 years." .... I don't think that's "normal", as I did have a lease on a 2018 Equinox for 3 years, and just turned the car in, and I don't remember them threatening to charge me extra at lease-end for their loss if the vehicle was actually worth less than the resdiual predicted value.
Nissan has some great looking vehicles, but my contention is that the CVT transmissions haven't worked that well and other brands such as Honda, Toyota, Kia, and Hyundai have continued or really stepped up their game. But now I'm reading that even Honda is having lower sales too! I wonder if Infinity is in danger now also, since Nissan is having a hard time?
All brands are down on sales with high interest rates. Infiniti is struggling as well. Sad but the attack on Ghosn was no help to the brand either.
@@CarCoachReports November 5th should begin to fix those interest rate issues. If we don't go the socialist route!
The styling of Honda cars leaves much to be desired, never mind the price.
Honda's are making crap like Nissan now, only their failures are not publicized as much as Nissan's.
Not much mention of the Frontier, which buyers are really liking. Definitely hss the knobs and buttons and not overly techy.
SINCE 2006 NISSAN CVT TRANSMISSIONS HAVE BEEN A TOTAL DISASTER, BUT NISSAN STILL CONTINUES TO PRODUCE THEM...WHAT ARE YOU THINKING NISSAN??? BANKRUPTCY IS JUST A MATTER OF TIME!!!
Can you say Jatco CVT's???
They need to recapture their reputation for quality.
The Frontier is doing it, if folks would pay attention
I don't want 'advance technical features', sketch turbo engines, weak-sauce CVT, or stupid 'drive-modes'. All of that junk will break just out of warranty, and it looks like parts to repair the vehicles is a fantasy. I do like the 2025 Frontier but it's too expensive.
Nissan decided to cheap out on quality and then let the Nissan dealerships markup their junk cars to ridiculous prices for years. The consumer trust is gone, and they have moved on to other automakers.
It's sad what happened with Nissan. They went from being a more interesting and kind of a special Japanese car brand compared to the Toyota's and Honda's of the 90's to now, a mere "also ran". Instead of taking home trophies, they are lucky to get a participation ribbon. They probably shouldn't have tried to compete with Toyota/Lexus, it seems all their woes began with the launch of Infiniti, which drained all their cash, and while the cars where objectively good, they just couldn't figure out the marketing side of selling to a luxury car buyer. So while Lexus was demonstrating luxury, precision, and obsession with quality in commercials and printed ads that showed the actual cars in unique ways that demonstrated attention to detail, smoothness, quality, etc, Infiniti was showing rocks and streams but no cars, and platitudes that meant nothing to anyone unless they already knew what Infiniti was. All of their cars have been pretty much fine, but none of them has really set a high bar in any luxury category. The GTR is a legendary car for Nissan, but holy moly that thing is old...the R35 has been around since 2009. The new Infiniti QX80 looks promising, but with a 6 figure price tag, I'm not sure it will lure people away from Escalades and Merc GLS's, or X7's, or LX550's, etc, no matter how good it might be. There was also the Renault merger and Charles Ghosn...but he decline was already well underway when that all happened. Sad story of a once-great brand that became a victim of poor management.
Maybe they will follow FORD, and just sell TRUCKS ! I do like my 2022 Frontier Pro-4X.
Just what does "Pro-4x" mean? I seldom see one here, and never off-road.
Nissan's troubles began with Renault purchasing the company. Affordable cars would be nice, and it would be nice if they were dependable. Right now, Nissan's are neither affordable or dependable. CVT transmission problems are all too common.
Is that when they changed from Datsun to Nissan? I had an 84 Datsun. Very good truck. A 94 Nissan. Built by inbred hillbillies in TN. Piece of junk. And a 2002 Xtra-Terrible. More garbage. Should have remained “Datsun!”
Nissan was going bankrupt until Renault saved them. They cut a lot of waste, but maybe too much.
One year in the late 90s, the oil passageways in Altima engines was too small. They recalled all Altimas, and redid the engines.... even the ones that hadn't sold yet. That may have started the ball rolling. That had to have cost millions!
Every other car on the road is a Nissan including mine which is faultless. Just maintain it.
Me: same Hardbody since 1995. It asks for very little and gives a lot.
What fantasy words do you live in?
My daughter had a late model Nissan Rogue. It was not faultless. The key word being "was" as that was the last Nissan we will ever have.
My wife has a Nissan Murano. A really nice car. When we went to the dealership in Lancaster county Pennsylvania, they had EVs just sitting there rotting away. The lady told us they've been sitting there for over 3 months with price reductions 3 times.
EVs just aren't ready for prime time, yet. ...too many ifs!
@@Powerfade54 no infrastructure. The batteries are still a big if.
Sadly only their trucks are something I’d consider.
Truck, singular going forward.
Only briefly.
they lost so many repeat customers with the Jatco CVT. Nothing has hurt them compared to that. They should have test-bedded that CVT in a single small car and worked the bugs out over the years. Instead, they put it in everything and burned so many people.
Nissan fan here, but they should have listened to EVERYONE when they complained about the CVT. I'll take a VQ and a plain old automatic any day. They put a VCTurbo in the QX60 and I'm sure the Pathfinder is next on the list, unfortunately.
Go Bills.
I agree - CVTs are not good!
take the afc east, add in the colts, and add in the nfc east.
name the ONLY to never win a super bowl?......🥸🤡💯🙆🍋😤🤮🤣🤣🤣🤣
Coach, besides reliability the CVT as an example and safety consumers buy design and IMO Nissan design is falling behind.
Sinking like the Titanic. Hasta la vista baby.
I’ve had 8 Nissans and 3 Hondas. All great cars.
The current Sentra is much, much better than the Corolla. I’ve driven both. I don’t know how the Sentra compares to the Civic.
A couple of years ago I rented a Sentra in Hawaii. Rest assured that will not be a mistake I will ever again make. I will stick with Honda for my daily driver.
I had 8 nissans. Used to love them but learned to hate them after 2 Muranos. Muranos with screeching transfer case, passenger seat airbag failure, cracked dashes, oil cooler leaks, $10,000 repairs at 80,000 miles
Nissan already announced that the Versa and Altima will soon be discontinued. I hope Nissan will find a way to get back on track.
Dealerships tell me the Z's get so much attention yet I see them sit on the lot. The one I checked had 300 days according to the Vin checker. High apr and markups on the Z is keeping them on dealer lots
@@MrGlutting true. Went in to buy a performance, online $53K, ended up $72K with markup, taxes, fees. We got up and left. Waste of our time.
@@pickmeisha What area you buying from? I've called Utah and AZ dealers, They won't give me a price over the phone but they said there's no markups.
We were solid nissan buyers years ago. Seven or eight new vehicles. After Puegot bought Nissan, I sold my nissans and still have not owned one since. France is terrible! And until they disappear I will not own another Nissan.
Peugeot has never owned one share of Nissan.
@@jeanclaude7018 Yep. My mistake. Renault owns Nissan. I mixed them up. Not Peugeot.
It didn't help when the new Nissan Z hit the dealers the dealers were asking $20,000 and up over MSRP.
I dunno... I see Nissan commercials and I think about Brie Larson.... this car, was not made for me.....😂
lol
Two reasons Nissan is having a hard time: CVTs and over priced vehicles! In fact, most car manufacturers with over priced cars are feeling the pinch! Car prices have reached a point where seeing a sticker for over 85k on a non-luxury vehicle is far too common. Salaries for most folks can't handle prices like that. Also factor in high interest rates and you have a recipe for car manufacturer heartache. If Nissan (as well as other manufacturers) want to turn the tide, start by drastically cutting car prices. Until then, it will be a slow death spiral for many car manufacturers.
It was 2008 when i got my first dish of how bad these CVT's were in Nissan's, up till now i feel confident in saying that's 80% of their issue from years of seeing people giving up on them, and then seeing all the issues other auto makers were having with them too. But the one mystery that still baffles me to this day is how did Nissan get it so wrong, but Subaru get it so right but still have just as bad of a CVT? I see so many in my line of work that when a Nissan, Kia, GM, Honda ECT.... have a failing CVT, most just give up and trade/sale/get rid of, but Subaru people, they just keep going back and buying another. I once towed a 2015 Outback for a lady 4 times for CVT issues over like 3 years and when she decided she had had enough with it, she went and bought a new Outback, and guess what, with only 37K miles on it, it had it's first CVT issue, she told me quote "just new car things" yeah, sure. I just don't get it, whether just pure stupidity, the way other manufacturers are marketing themselves, Nissan should have looked at what ever it is Subaru is doing because they figured it how to sale someone this horrible piece of junk transmission and get people to keep coming back.
Word is on the CVT you supposed to has them service every 30,000 miles depending on what car it is that’s about 3 to 4 hundred everytime people not feeling that
Nissan/Infiniti needs to fire its design leadership (looking at you, Alfonso Albaisa and Shiro Nakamura) as soon as possible, and infuse new blood to revamp its weirdly unattractive lineup of designs that have been going on for God knows how long.
I’m a licensed car dealer and I will say I avoid all Nissans and haven’t had one on my lot yet. They’re untrustworthy and they’re not dependable. People are wanting dependable vehicles. Take the bells and whistles and make your transmission and your censors more durable. People are wanting Honda and Toyota bc they last.
Not offering hybrids is really hurting them.
100% agree
The CVT transmissions will go away the you gut the EPA and CAFE standards. CVTs are one way car companies can get their fleets in compliance of stub government fuel economy regulations.
Yes but it isn’t the only way and as it has turned out for Nissan one of the worst ways.
Nissan makes an affordable truck. It should build on improving that truck and offer an excellent off road package truck. Marketed as an off road truck, but also as the truck you want to have when you need to get your family to safety. With the severe weather, forest fires, and floods, marketing a capable truck that you can put your family safety in is a strong argument to buy one.
I have to disagree on some of your analysis. Many people want simple, basic, reliable and AFFORDABLE transportation. Give consumers a car with AC, automatic and a radio with a price tag of 18-20k and they will fly off the shelves. Manufacturers want to load their vehicles with all this tech and bells and whistles to jack up the prices and make higher margins. Affordability and reliability are broken and no manufacturer seems to want to address those two major issues. There will be some manufacturers that won’t survive because they refuse to face reality.
i heard Nissan is looking to cut the Altima and Versa from the lineup,
leaving the Sentra as it's only sedan. if that's the case, it's likely because
people who normally buy the Altima don't like their cvt. Sentra owners
don't care as much, because the Sentra is viewed as the economy car
that you can take to work and back, but the Altima is what people look
at when it comes to buying a family car, or a second car for everyday driving.
so i don't know what's going on, but Nissan has lagged behind the competition
for awhile, it's because they won't change that awful cvt transmission.
Nissan Rogue sales suffer because of it,
now Hyundai isn't actually more reliable, but the reason they are doing better,
it's because none of their vehicles are plagued with the jacto cvt Nissan uses.
they also don't have a hybrid electric like the competition does, all Rav4's
and CRV's, along with the Tuscan, they all have a hybrid or turbo option.
you have to keep up with buyers interest, but also the industry itself in what
they are putting out. most of Nissan's cars all look the same, and there's nothing
appealing about them. the Maxima was ruined a long time ago,
back when they decided to stick a cvt in there from 2013 onward,
so like the Altima that's likely why sales are down. they don't have anybody
to blame, but themselves. if they wanna compete and be taken seriously,
you have to do something that makes you stand out. that means
making better business decisions, like getting rid of that awful cvt
that they use. Toyota and Honda are better, especially Honda and that's only
because Honda went to Toyota to learn how to build a proper
cvt that's more reliable similar to the Prius. it's why they're reliable,
but Nissan refuses to budge, or look to anybody else for help. but it's mainly
customer feedback, they largely ignore those people and that's a mistake.
When I purchased my used Nissan Versa (manual transmission) 2011 the Salesman was deceptive when he had me the key. He handed it to me holding the key side. He didn't want me to see that the key was damaged and then wanted to charge me an extra $300.00 to have a new key made. Bad Business Practice.
😂😂😂Funny Story!! After your video there was a Nissan advertisement about “These Rogues going fast!!!” They must be talking about the 2023 ones!! 😢😢😢 I laugh at their misfortune!
I worked for Nissan North America starting in 1998. This was n the pre-Renault period. Maybe 6 months before I joined they had gone through what they called the “VRO/VSO” program for Voluntary Retirement and Voluntary Separation programs. I just got an offer letter from them giving me the opportunity to cash out my pension. I’m taking the deal!
Smart move
It’s a wrap for Nissan
I recall back in the 90s when Nissan made desirable vehicles. My 1990s Maxima was a joy. Sadly, those days are long gone. Now we have a plethora of poor designs covering a horrible JATCO CVT.
Now when I think about a new vehicle, Nissan has joined brands like Cadillac or VW which remain far from my thoughts.
Only thing keeping Nissan in business is rental car agencies
Car journalism at it’s best! The last good reporting, since 60 minutes THX
Thanks
Please share - we need to build this channel together. - Thanks!
Oh, much better than 60 Minutes IMHO.
@DHW256 thank you!
Except she completely missed the elephant in the room--poor reliability.
Starts with a Nissan commercial. 😂😂😂
I find it funny that dealerships still charging markups on some of their cars today. Guess they are not to worries of going under.
No matter how much of a good or great deal they offer, hard to chance buying one when you look at the overall picture, including the VC turbo engine that has also had problems.
Brilliant reporting btw
The problem of Nissan is the transmission.
Nissan have done this to themselves. For too long now they have marketed a mundane, boring, lacklustre, characterless range of vehicles, excepting the Z and GTR. Nothing stands out as being exceptional or inspiring in their models. That CVT transmission should never have been offered, and even after all these years of recalls and class action law suits, they refuse to get rid of it!
Love/Hate relationship for me. Back in 80's & 90'S i LOVED nissan cars and trucks. Now, i HATE nissan cars and trucks. Had too many BAD services. I've bought extended warranty and everytime i try to use it, parts are cover but labors is not and another time i try to use warranty again, labor is cover and parts is not cover? What kind of stupid warranty is that. Never had this problems with Honda or Toyota dealership.
Interesting what will happen in the rest of the year 🤔
Gone done hill since Renault bought them.
Without Renault Nissan was already bankrupt in the 90’s…
Simple. Improve the product.
Unfortunately governments continually bail out bad automakers here and abroad. Too many brands in the world.
Auto Makers NEED to listen to customers NOT DC Socialists.
Educate yourself. If possible.
Even with all those incentives I wouldn’t touch a Nissan with huge depreciation.
@@rmb1 Frontier now holds resale value better than Tacoma.
Buying for resell is flawed logic. The smartest thing to do is drive your money out of them. If you want something new every few years lease.
@@Truth2240 That's the Toyota fanboy reasoning: "resale value " But paying more so you can get more out seems like a net zero. Plus, Frontier has edged past Tacoma now on value retention...
Cvt woes and no hybrids 🤔
Nobody talks about toyota being over 200 billion in dept! More than any company in the world
I've never owned a Nissan. I hear and read that they are making junk now like all the rest.
It’s their transmissions that are killing them. The new Frontiers are nice but they cost too much. Nissan should bring back their old compact hardbody truck. Bare bones with a standard transmission. They couldn’t build them Fast enough.
I have a 2023 Nissan Pathfinder SL 4WD I like the vehicle. I has a 9 speed transmission and V6 not a turbo 4. I feel like Pathfinder is overlooked
1. Nissan Leaf production stopped in Feb 2024
2. In the African market, Nissan Sales have fallen drastically.
3. It's strong sales are in Europe where the Qashqai and Juke are doing better.
Their only hit the 300Z is nowhere to be found on the lot. It’s mismanagement
I surmise they are actually on the ascent while Toyota declining
After railroading their CEO and any other foreigner in the top management, their split with Renault, they went back to bad habits. This is the GM of japan. No products were even compelling to buy.
It was that crappy cvt that’s killed them. I bought a versa note and the cvt started slipping after 3 years, I traded it for a new Mazda cx-5. I’ll never buy another Nissan again.
As long as Nissan get its cvt’s from Jatco, they’re doomed. Jatco CVT transmissions are known to be troublesome !
First off, drop that low-level music in the background. Its annoying and no need for it.
Second, I'm looking at buying a Frontier as that's the only mid-size truck left with an IC engine and true automatic transmission (no CVT). I also like its lack of advanced tech features which I view as advanced problems. I don't need most of what those things do, I'd rather have simple buttons and knobs for their tactile feel and I can use my smartphone for navigation. And a biggie - the local Nissan dealers are not marking up prices and larding up the vehicles with a lot of optional equipment packages.
Tacomas now blow transmissions too, whether auto or manual. Sometimes at 1000 miles or less.
One quarter zero income cause of die? Sounds like fear mongering. Nissan very strong brand.
I see alot of Rogues on the road. I think Jatco switched to chains for this CVT vs the belts that were unreliable.
Great
Its a good news
Give me the days of the Pontiac and Oldsmobile. Simple, reliable, and affordable. Gotta drive something and all these mid-priced cars are pretty much the same. It's a crap shoot no matter which brand you buy. Remember when Lee Iacocca (RIP) saved Chrysler with the Mini Van. The wheel turns for all corporations and sometimes the wheel runs over you.
Besides their crappy CVT transmissions, they now have a 3 cylinder variable compression motor with a turbo in the Rogue. That is just going to be more problems down the road for them.
Used to own some very well liked Nissan vehicles. Two hard body trucks (new) plus a 260z and a 280z plus 2 (both used). Least favorite was my 200sx (new)
The current line up with the poor quality CVT transmissions prevents me from going back to Nissan since what else has been compromised?
Get rid of the bad vibe CVT and go back to a gear box to regain your reputation.
They chuckled out a very good ceo and they are in trouble. 🙄
They hung on to Chademo charge port for no good reason for way too long, Leaf went from a leader to a follower, need liquid cooling OR a extreme warranty & some minor upgrades and lower the price on Aria
I loved Nissan but last year when I learned that they are doing to discoune their maxima which is full size sedan 🚘 then I backed off. I did not like that. Also, Lauren the war or tension in the Middle East Iran / Israel will increase oil prices. In fact, in my area oil prices have already skyrocketed to $4 a baller. If the tensions escalate it will get worse. Please in the coming time do let us know your thoughts on it or how American 🇺🇸 can brace for impact. Thank you
I love the Maxima too - very sad to watch this.
The economy is in stall before the fall.....semihyper inflation in auto parts sector...including tires....prices now go up monthly before that it was every quarter...before that ...like 2016 prices only changed yearly...
No body buys electric cars new these days. Nissan sells huge amounts of cars in the USA. But they are faulty like German and Korean cars people noticing after couple of years huge warranty issues forget about after warranty 😂
They have the ONLY affordable manual car on the market.... Nissan Versa
I love my Nissan Ariya EV and plan to buy or lease another one.
Nissans CVT are one of the worst rankles out there.