Is Nissan a year or so away from bankruptcy?

16,827 Views | 186 Replies | Last: 10 days ago by nortex97
techno-ag
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Madman said:

They had a CEO embezzle a huge amount of money and make a few bets on things that didn't work out. Then instead of fixing their product line, they just spent money like a drunken sailor on marketing. Remember the Star Wars commercials with Nissan cars?

The maxima and Altima are no longer comparable with other cars from those segments. They missed hugely on the Titan refresh. So the only thing they have left is a reasonably nice medium size truck, and the new Z car

The Titan is no longer being made.

https://www.caranddriver.com/nissan/titan
Trump will fix it.
agent-maroon
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Was a time when Dad drove a Datsun pickup and Mom had a Datsun station wagon (really an early SUV design). They were great, an much better than their GM replacements IMO
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Sid Farkas
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Hoping this results in a fire sale on GT-Rs
The Fife
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Government mandated features and fuel efficiency requirements that are non-value added at best, crap-tastic CVTs, and a huge presence at rental car and BHPH lots. The brand death trifecta.
AggieDruggist89
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I thought it was French government who runs Renault who runs Nissan should be blamed for the failure.

I would've thought Japanese were smarter than to partner with French.
SunrayAg
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Recently I almost bought a Nissan suv for my wife. I looked at the sticker price. Thought it was ok and figured we could haggle a bit in the office and see how bad they wanted to sell it.

When they brought the deal sheet, they had added 5K over sticker price because it was in stock. We walked and bought a Toyota instead.
Ag_of_08
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There are Ford dealers suing Ford over not buying back inventory. A quick browse of YouTube will show you dealership after dealership with cars that have been sitting for nearly a year unable to move. Even the auctions are having issues.

They're not discounting, but they're also flailing trying to move inventory. The desperation point is approaching quickly.
Ag_of_08
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Teslag said:

Ag_of_08 said:

Id rather have a "dated" interior than a piece of overpriced junk.


The 2.7 GM is proven now and a hell of a motor. Hardly junk, and far better than the Tacoma's disaster in their re-design. Again, things have changed in 5-10 years.


The gm is having just as many electrical problems and qc issues. The new Toyota engine has definitely been a cluster, another reason I will not even discuss trading my 21 off
the most cool guy
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Ag_of_08 said:

There are Ford dealers suing Ford over not buying back inventory. A quick browse of YouTube will show you dealership after dealership with cars that have been sitting for nearly a year unable to move. Even the auctions are having issues.

They're not discounting, but they're also flailing trying to move inventory. The desperation point is approaching quickly.

I was addressing your claim of 40% off MSRP deals. Can you point to one? Literally anywhere?
91AggieLawyer
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Teslag said:

Ag_of_08 said:

Id rather have a "dated" interior than a piece of overpriced junk.


The 2.7 GM is proven now and a hell of a motor. Hardly junk, and far better than the Tacoma's disaster in their re-design. Again, things have changed in 5-10 years.

The Colorado and whatever GMC calls theirs has one of the worst reliability ratings of vehicles built this century. Their best years are bad and their worst years are horrific. That's not to say there isn't an engine or two that is OK but overall build is the key. It doesn't matter what it is in the shop for.
Teslag
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Ag_of_08 said:

Teslag said:

Ag_of_08 said:

Id rather have a "dated" interior than a piece of overpriced junk.


The 2.7 GM is proven now and a hell of a motor. Hardly junk, and far better than the Tacoma's disaster in their re-design. Again, things have changed in 5-10 years.


The gm is having just as many electrical problems and qc issues. The new Toyota engine has definitely been a cluster, another reason I will not even discuss trading my 21 off


The 2.7 in the Silverado and Colorado is not remotely having "just as many issues". It and the 3.0 diesel are nails for GM right now.
Teslag
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91AggieLawyer said:

Teslag said:

Ag_of_08 said:

Id rather have a "dated" interior than a piece of overpriced junk.


The 2.7 GM is proven now and a hell of a motor. Hardly junk, and far better than the Tacoma's disaster in their re-design. Again, things have changed in 5-10 years.

The Colorado and whatever GMC calls theirs has one of the worst reliability ratings of vehicles built this century. Their best years are bad and their worst years are horrific. That's not to say there isn't an engine or two that is OK but overall build is the key. It doesn't matter what it is in the shop for.


The current Colorado/Canyon has only been out two years and was motortrends truck of the year.

Things change and brand loyalty/reputation is a thing of the past. You're only as good as your current offering
CDUB98
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Between government mandates and ridiculous union salaries and benefits, cars are forced into stratospheric pricing.
Mr. Fingerbottom
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Teslag said:

Ag_of_08 said:

Teslag said:

Ag_of_08 said:

Id rather have a "dated" interior than a piece of overpriced junk.


The 2.7 GM is proven now and a hell of a motor. Hardly junk, and far better than the Tacoma's disaster in their re-design. Again, things have changed in 5-10 years.


The gm is having just as many electrical problems and qc issues. The new Toyota engine has definitely been a cluster, another reason I will not even discuss trading my 21 off


The 2.7 in the Silverado and Colorado is not remotely having "just as many issues". It and the 3.0 diesel are nails for GM right now.



& yet they can't design a transmission to last more than 70k miles


Gm/chevy is dog****
Teslag
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The current half ton transmission is co-designed by Ford and GM
aggie_wes
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Mr. Fingerbottom said:

Teslag said:

Ag_of_08 said:

Teslag said:

Ag_of_08 said:

Id rather have a "dated" interior than a piece of overpriced junk.


The 2.7 GM is proven now and a hell of a motor. Hardly junk, and far better than the Tacoma's disaster in their re-design. Again, things have changed in 5-10 years.


The gm is having just as many electrical problems and qc issues. The new Toyota engine has definitely been a cluster, another reason I will not even discuss trading my 21 off


The 2.7 in the Silverado and Colorado is not remotely having "just as many issues". It and the 3.0 diesel are nails for GM right now.



& yet they can't design a transmission to last more than 70k miles


Gm/chevy is dog****


For every one of your complaints I have neighbors with trashed Ford rear ends and transmissions, aRams blowing up rocker arms, manifold leaks, etc., Toyotas chewing up main bearings.... There is no brand that doesn't have issues.
FarmerJohn
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Nissan letting the Altima become the car of choice in the ghetto has destroyed their brand image. No one will pay a premium for a Nissan.
Dill-Ag13
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Cars peaked in about 2005 from a reliability perspective
texagbeliever
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aggiehawg said:



Anybody have additional insights on what has happened to them? EV related?

It is likely overlooked that Japanese GDP is down 33% since 2012. The country destroyed their domestic economy because of ***ishima
Teslag
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aggie_wes said:

Mr. Fingerbottom said:

Teslag said:

Ag_of_08 said:

Teslag said:

Ag_of_08 said:

Id rather have a "dated" interior than a piece of overpriced junk.


The 2.7 GM is proven now and a hell of a motor. Hardly junk, and far better than the Tacoma's disaster in their re-design. Again, things have changed in 5-10 years.


The gm is having just as many electrical problems and qc issues. The new Toyota engine has definitely been a cluster, another reason I will not even discuss trading my 21 off


The 2.7 in the Silverado and Colorado is not remotely having "just as many issues". It and the 3.0 diesel are nails for GM right now.



& yet they can't design a transmission to last more than 70k miles


Gm/chevy is dog****


For every one of your complaints I have neighbors with trashed Ford rear ends and transmissions, aRams blowing up rocker arms, manifold leaks, etc., Toyotas chewing up main bearings.... There is no brand that doesn't have issues.


Exactly. Buy the best features and capabilities for your needs, because reliability is no longer a trait for any given brand. It's a crapshoot at best and more than likely everything you buy will have issues.
ToxicAG
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Totally agree. Have a 2019 GMC 1500 85K miles - out $3500 replacing the main rear seal and transmission repair . Dad has a 2021 Chevy 2500 diesel high country - $1600 for a new radio. Who knew that a broken radio would shut down all the electronics.
Danny Vermin
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Where's Hunt Stephenson to turn this **** around?
BBRex
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My Grand Cherokee had to get a new transmission at 48,000 miles. Sounds like I might as well get a Defender (if the Scout falls through). Land Rover is getting to be as reliable as anything else.
Ag_of_08
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the most cool guy said:

Ag_of_08 said:

There are Ford dealers suing Ford over not buying back inventory. A quick browse of YouTube will show you dealership after dealership with cars that have been sitting for nearly a year unable to move. Even the auctions are having issues.

They're not discounting, but they're also flailing trying to move inventory. The desperation point is approaching quickly.

I was addressing your claim of 40% off MSRP deals. Can you point to one? Literally anywhere?


I did not say they are currently selling for 40% off. I said if they don't do something they'll struggle to sell at that price point...
Ag_of_08
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Y'all actually read the things I posted... right.
wts2014
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Been working at a friend's car shop for the time being while job searching. General consensus among mechanics is that everything is a piece of junk. Then again, these guys only see broken cars every day.

General summary of brands I have gathered in 2.5 months are:

Ford brands are the worst. F150s keep the shop in business, everything else is a bonus.

GM aren't far ahead of Ford, but tend to have known issues that are easier to fix.

Chrysler does stupid stuff engineering wise but haven't seen quite as many of these.

Nissan has mostly good engines but really stupid engineers. 1 mechanic would prefer every Nissan that comes in be scrapped.

Toyota most positively viewed followed by Honda. Have also seen these brands the least, along with Hyundai and Kia

Essentially every brand seems designed to keep maintenance and repair money flowing at this point so no matter what you pick, be ready for it to break.
jickyjack1
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Are we going to become Cuba? If so, I've got a head start with my 2005 Town and Country van (which I like a lot, though there have been a few weird problems. When I drive under or next to bunched high-power lines, the computer dash lights light up like Las Vegas and that bell sound starts pulsating. Scared hell out of me the first time it happened.)
Shoefly!
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Ryan the Temp said:

Ag_of_08 said:

I had a Toyota salesman call my work phone today by accident. I politely told him what was up, and he still begged to get me in. They're all desperate, and there's just no way the overwhelming majority can entertain the discussion.
Six weeks after I bought my truck, the salesman was already calling me to trade it in and get something new. He pestered me nonstop for three months until I blocked his number.

Yep, same here. I recently told them I'll never do business with them again.
CheeseSndwch
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FarmerJohn said:

Nissan letting the Altima become the car of choice in the ghetto has destroyed their brand image. No one will pay a premium for a Nissan.

Is that still a thing? I couldn't tell you what model it is but I see way more Kias these days than Nissan Altimas.
LuoJi
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Hyundai and Kia are taking over.
eric76
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The price of car insurance isn't helping.

If you borrow money to buy a car, the lender is probably going to insist on full coverage. If you pay cash, you can get by with liability, but you are still likely to want full coverage for the first two or three years.

Buy a five year old used car in decent condition and just get liability insurance and you are way ahead around here. You might still want full coverage if you live in a city.
ef857002-e9da-4375-b80a-869a3518bb00@8shield.net
DallasAg 94
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We have 4-5 uear old cars... 2 specific cars... we paid $25k and $28k as we drove off the lot brand spaning new... they are "worth" $18k and $19k according to KBB on private sale. Both under 40k miles.

We paid $15k for a used 2016 about 4 yrs ago. Drove it 80k miles in that time. It was totaled last month and insurance paid out $8500.

Used car prices are ridiculously high, so full coverage is difficult to get rid of, IMO.
AggieDruggist89
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I sincerely hope Nissan recovers. To me they were one of the big three Japanese autos; Toyota, Nissan, Honda. Nissan/Infinity made tons of great vehicles.

Infinity competed with Lexus until they couldn't..

Are they just silly cvt transmissions away from becoming good? I hope so. I do know Renault ownership of Nissan is coming to an end. Good thing. Not sure why they chose to partner with them. I loathe the French.

Bring back Nissan. Fix the transmission. I'd get in a Maxima, Z370 or a Pathfinder or its infinity versions
Yesterday
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wts2014 said:

Been working at a friend's car shop for the time being while job searching. General consensus among mechanics is that everything is a piece of junk. Then again, these guys only see broken cars every day.

General summary of brands I have gathered in 2.5 months are:

Ford brands are the worst. F150s keep the shop in business, everything else is a bonus.

GM aren't far ahead of Ford, but tend to have known issues that are easier to fix.

Chrysler does stupid stuff engineering wise but haven't seen quite as many of these.

Nissan has mostly good engines but really stupid engineers. 1 mechanic would prefer every Nissan that comes in be scrapped.

Toyota most positively viewed followed by Honda. Have also seen these brands the least, along with Hyundai and Kia

Essentially every brand seems designed to keep maintenance and repair money flowing at this point so no matter what you pick, be ready for it to break.


Ford definitely has its issues but when they sell almost 4X as much as Chevy, you're going to see them 4X as much in the shop.

When you sell almost a million vans and trucks a year, you're going to hear of horror stories. Even if it's less than 1/2 of a percent. That's 5000 horror stories floating around per year and more when you compound the years.
B-1 83
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I've owned three Nissans (Rogue SL, Rogue SL, Murano Platinum) and have been delighted with all three. Oil, wipers, tires, battery…….has been it on all of them.
 
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