Nissan profits COLLAPSE 99% - will BYD or Geely save them from bankruptcy

Подписаться 233 тыс.

Просмотров 55 тыс.

50% 1

Nissan profits COLLAPSE 99% - will BYD or Geely save them from bankruptcy
The best solar company in Australia just installed my new solar system.
Check them out here: www.resinc.com...
I'll be at the Melbourne Electric SUV EXPO from 9-11 Aug 2024. Here's a link offering $10 off tickets (they're super cheap):
www.ticketmast...
You can catch up with me at the show on August 10 and that night after the show. Looking forward to seeing you there!
👇👇 Buy something and support The Electric Viking Store 👇👇
shop.theelectr...
Size guide and other help for the store 👇
theelectricvik...
🔔 Subscribe and hit the notification bell! ► / @electricviking
Join me on Patreon ► / theelectricviking
Join as a member in The Electric Viking RU-vid►
/ @electricviking
Members-only videos (see videos before anyone else)►
• Members-only videos
👇 Please donate here for Shanna (Viking's wife) if you can 👇
gofund.me/ef66...
See what happened to Shanna:
• Stage 4 can go to hell...
The Electric Viking on other platforms:
Rumble ► rumble.com/c/T...
Facebook page ► / theelectricvikingfb
Facebook group ► / theevfbgroup
Twitter ► / theevking
Instagram ► / theelectricvking
Pinterest ► / theelectricviking
Telegram ► t.me/theelectr...
TikTok ► / theelectricviking
👇 See more about me 👇
• You've been asking; he...
👇 My Bali trip 👇
• I went to Indonesia an...
👇 Video about My Skateboard 👇
• EASIEST & cheapest way...
👇 Subscribe to my kids channel 👇
tinyurl.com/su...
See more videos:
Nissan's new Ariya EV Nismo EV is way better than expected
• Nissan's new Ariya EV ...
Nissan are killing off America's cheapest car after sales collapsed
• Nissan are killing off...
Nissan's China sales collapse the beginning of the end for a once great company
• Nissan's China sales c...
Nissan puts END to gas + diesel engine development, says it's all in on EVs
• Nissan puts END to gas...
Nissan CEO gets 30% salary cut after supplier payment corruption revealed
• Nissan CEO gets 30% sa...
Nissans Game Changer! Batteries are 45% of cost; this means 50% lower cost
• Nissans Game Changer! ...
Nissan asks dealers to Sell Cars at big losses to get rid of old inventory
• Nissan asks dealers to...
Nissan Leaf gets huge $18,000 discount
• Nissan Leaf gets huge ...
Nissan reveals rescue plan after missing sales target by 2 million vehicles
• Nissan reveals rescue ...
Chinese EV brands take over Nissan & Ford car factories in Europe
• Chinese EV brands take...
China’s EV sales pass 50% - Toyota Camry & Nissan Sylphy crash 60%
• China’s EV sales pass ...
10 best selling EVs in 2024 in Germany - Chinese EVs where are you?
• 10 best selling EVs in...
US State slugs Electric Car owners with massive new tax to raise revenue
• US State slugs Electri...
BYD reveals amazing March sales but Tesla retakes lead in global EV race
• BYD reveals amazing Ma...
TESLA battery maker CATL reveal 1 million miles + zero degradation battery
• TESLA battery maker CA...
Statistics reveal once someone buys a Tesla they RARELY buy anything else
• Statistics reveal once...
Tesla says HARD no to Fisker Ocean owners tyring to trade in for a Tesla
• Tesla says HARD no to ...
Tesla EV in development spotted with WEIRD new innovation...
• Tesla EV in developmen...
Wedbush say 2024 a "NIGHTMARE" for Tesla but Elon can save the ship
• Wedbush say 2024 a "NI...
#nissan #byd #geely #bankrupt #profit #evnews
👇Reference to the news/charts & videos used in this video:
insideevs.com/... www.autonews.c... www.autonews.c...
This channel may use some copyrighted materials without specific authorization of the owner; but content used here falls under the “Fair Use” Copyright Disclaimer under Section 107 of the Copyright Act 1976.
Allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
Contact us for any copyright issues. If you want a credit of any footage we are using, please let us know.
Website: theelectricvik...
Email: contact@theelectricviking.com

Опубликовано:

7 сен 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 439

@electricviking Месяц назад

The best solar company in Australia just installed my new solar system. Check them out here: www.resinc.com.au/electricviking

@neildolan7177 Месяц назад

@electricviking It looks like they only operate in 3 states, hardly best in Australia. They do, however, have some good feedback. Perhaps offering incentives for commissions is included in this?

@davidbeppler3032 Месяц назад

Nissan seems like a great buy for GM. GM loves giving billions to companies that are failing, going bankrupt, or are just frauds.

@PelleGIT Месяц назад

Nissan just reported record profit. Up 50% from last year. Maybe you should do some research before you speak.

@malcolmrickarby2313 Месяц назад

Tradition is important to both.🤷‍♂️😊

@shirishag75able Месяц назад

@PelleGIT He was talking about quarter, is he right on that or not? Please let us know. Most companies look & do quarterly forecasts to prop up the shares. Looking forward to know.

@PelleGIT Месяц назад

@@shirishag75able Well, technically right but he forgot to mention some important details. If you read the release from Nissan you can see that these are isolated events in the US due to extra ordinary spend on marketing and a switch to a focus on hybrids. In finance, we call these non-recurring items and are normally adjusted for. This would have been important to disclose. So if we look over a longer time horizon, it is a bit deceiving to say that the profit has collapsed by 99% since you never look at one quarter in a vacuum and you should explain the reasons. If we look at the top line, i.e. before the extraordinary expenses, Nissan actually grew in Q1 2024, also important to mention. Furthermore, Nissan grew in China. But I guess this doesnt fit his and all the Chinese' EV supporters' narrative.

@monipenny408 Месяц назад

U$ is the center for all things fraudulent, cons, ponzis

@chrisfox9263 Месяц назад

Carlos Ghosn saved Nissan when he took over. Then they aggressively kicked him out. They deserve what they get!

@jimgraham6722 Месяц назад

As I recall escaped is more the word.

@rosetzu_nagasawa Месяц назад

they did a most vulgar charge on Ghosn, their saviour. Yes, good comeuppance for Nissan and Japanese Government. Its just vulgar display of lawlessness.

@bigskygeneration4474 Месяц назад

@@chrisfox9263 one thing i learned in "corporate world" is you can walk on water and they will give you grief for making ripples. You know what they say about opinions...

@dobbo7690 Месяц назад

@@jimgraham6722 and everyone who helped got locked up.

@dewfend Месяц назад

Agree!

@ajs-qv5fe Месяц назад

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

@grahamf695 Месяц назад

It reminds me of the Olympus scandal.

@N1rOx Месяц назад

@@grahamf695 what scandal?

@capnkirk5528 Месяц назад

@@N1rOx Highlight those two words, right-click and select "Search with Google" or "Search with Bing" or just copy-paste them into the search engine of your choice. Fact checking is not hard; FACT BELIEVING is what most Americans have trouble with (and a lot of Canadians as well).

@ajs-qv5fe Месяц назад

@@grahamf695 yes, japan has so many corporate scandals

@grahamf695 Месяц назад

@@N1rOx From Wikipedia: "The Olympus scandal was a case of accounting fraud exposed in Japan in 2011 at optical equipment manufacturer Olympus. On 14 October, British-born Michael Christopher Woodford was suddenly ousted as chief executive. He had been company president for six months, and two weeks prior had been promoted to chief executive officer, when he exposed "one of the biggest and longest-running loss-hiding arrangements in Japanese corporate history", according to The Wall Street Journal.[2] Tsuyoshi Kikukawa, the board chairman, who had appointed Woodford to these positions, again assumed the title of CEO and president.[3][4] The incident raised concern about the endurance of tobashi schemes, and the strength of corporate governance in Japan..." Michael Woodford wrote a gripping book about it.

@nibotkram7743 Месяц назад

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.

@TheGaerthy Месяц назад

I don't think so. Nissan almost went bankrupt before. The Japanese government will prop up Toyota and maybe one other. But I think the first to drop off the ledge will be let go.

@user-kc1tf7zm3b Месяц назад

@@nibotkram7743 This makes no sense at all. The Japanese Government cannot prop up failing businesses and industries which are utterly obsolete and have no prospects for future profitability.

@ellisrochlin2267 Месяц назад

@@user-kc1tf7zm3bgovernment s who run major industries rarely rarely make profit but do employ a huge swathe of people of that country. Employment is a key agenda then economy . By the way , all tec companies had at least 5 years or longer of burning money till they TURNED A CORNER and managed a profit , all is not lost at nissan

@ellisrochlin2267 Месяц назад

blame poor quality and quality control , old machinery tools along with the trade unions ( british manufacturers nightmare) while other parts of the world competed better we ended up with for the man in the street buyer BRITISH LEYLAND group ,( poor designs ) which had too many manager groups who couldn't agree on the shape of a head of a screw.

@thomasheitmann1804 Месяц назад

Nissan ist ko

@rjmacf0015 Месяц назад

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.

@alexishart1989 Месяц назад

I reckon there's a few more Japanese automakers who'll be meeting their maker before Volkswagen does.

@rjmacf0015 Месяц назад

@@alexishart1989 probably but the sheer scale of VW/Audi debt is the issue. Listen to Sandy Munro on their chances…he reckons Zero and just look at their recent releases…old ICE cars or bad BEV with huge mark ups.

@m.3257 Месяц назад

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.

@m.3257 Месяц назад

@@danielduggan7126 Im currently driving a BMW but I will order a Tesla in 2-3 years as well.

@paulconnolly4483 Месяц назад

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.

@PelleGIT Месяц назад

Which two EV companies are profitable? I know Tesla is, but who is the other one? If you mean BYD, then please show some official financial filing where they show their profitability.

@Harrythehun Месяц назад

The market economy and capitalism will solve the problems. Soon the technology is mature enough for people and manufacturers. The speed of innovation is extreme right now.

@PelleGIT Месяц назад

@@Harrythehun Problem is that China is not a market economy and the government keep all these zombie companies alive who then continue to waste resources. The same can be said about non Chinese EV makers too but its more extreme in China.

@tonyn3227 Месяц назад

Gtr at $120k, they must be out of their minds. That's why they are going down, most cars they make aren't very reliable.

@larryc1616 Месяц назад

They're still selling the same 18yo GTR from 2007 🤭

@bertho6701 Месяц назад

Not even Carlos can save them now.

@user-jh6vt8vx4v Месяц назад

😂You read my mind. Im sure carlos shipping wine in his mansion amusly seeing everything unfolded.

@boredatsea Месяц назад

Nissan is now part of the Renault group and that includes Mitsubishi, the person in charge of that group is from Mitsubishi, will be interesting to see what happens. Did have a Honda, a good car let down by its old engine and transmission, ended up buying a Mitsubishi Eclipse, not the most wanted brand but I wanted reliability and with a few suspension and engine tweaks, the car flys and is good on fuel economy, getting the magic 6s, 0-100 in 6s, 0-400m (1/4) mile in the 6s and fuel economy is in the 6s l/km, happy with the car, range when full is over 1000km from a 63l tank and I run it on E10 (94)

@fpsharing Месяц назад

@@boredatsea Mitsubishi have been struggling for decades in the U.S., with mostly less than 1% market share. Surprised that have not withdrawn from North America.

@charlesrovira5707 Месяц назад

_will BYD or Geely save them from bankruptcy?_ *No... Why should they?*

@dbatch5677 Месяц назад

They shouldn't when they can pick up the juicy parts out of bankrupcy for pennies on the dollar.

@timliao3701 Месяц назад

All you Sam Evans followers have been drinking the Kool Aid way too long. Chinese car companies are bleeding money and don’t have the resources to buy Nissan.

@ZweiZwolf 7 дней назад

@@dbatch5677 What would they even pick up? Nissan has no technology, nor valuable branding.

@Litt02 Месяц назад

BYD and Geely will be the next biggest EV automakers globally.

@mr.foxwiz1653 Месяц назад

Nissan made 660 million last quarter. $2.94 billion for year ending March 2024.

@johngoodman9380 Месяц назад

Nissan had a chance to sell the V-6 Frontier, but got greedy and wouldn't lower prices. Who the hell runs that company?

@TankEnMate Месяц назад

A power tripper who values "the old way of doing things" rather than someone who values realistic logical thought and innovation.

@Truth2240 29 дней назад

Why then are Nissan trucks so reliable? Look at the recall stats.@TankEnMate

@TankEnMate 28 дней назад

@@Truth2240 I said nothing about reliability or recall stats, I'm talking about the current CEO of Nissan and his corporate politics. Go read some of the Japanese and French reports on him.

@geoffreylaverne7859 Месяц назад

Save the auto companies, save the whales 🐋, save the World 🌎 😢. Keep on saving! Save, save, save !!!

@nickmcconnell1291 Месяц назад

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.

@UPdan Месяц назад

The only thing worth anything is the Versa manual transmission. The CVT destroyed Nissan.

@haroldbeauchamp3770 21 день назад

I work for a company that employs a massive contracted marketing firm. One of the top three in North America. They conducted research, and if my memory serves me correctly, something like 92% of Nissan buyers had no idea what a cvt was. The remaining 8% knew what a cvt was, but had no issues with trusting Nissan’s reliability. As for the folks who did not buy a Nissan, but purchased from another manufacturer, such as Honda or Toyota, they were asked their reasons for not buying a Nissan and the top answers were overall price (Nissan prices have increased substantially with no incentives to move products); Dealer network (fewer Nissan dealers with fewer cars available) and customer service (Nissan dealers have a poor reputation for shady sales practices and sales towards credit challenged customers.) Cvt issues nor reliability were anywhere in the marketing report. Full disclosure, I am an executive administrative claims adjuster for an extended warranty company. We have meetings weekly with risk analysts to discuss current trends in the automotive industry.

@hottew_twat3963 15 дней назад

that and waiting 18 years to change the frontier

@PassportBrosBusinessClass Месяц назад

China's biggest problem is NAME RECOGNITION. I'm here in Singapore right now after spending a month in Bali. I've been in a bunch of Chinese vehicles - namely WuLing and a few others - but I DON'T REMEMBER THEIR NAMES. When China buys huge stakes in companies with established name brands like VOLVO, it makes more sense. I wouldn't mind buying a Chinese owned Nissan (despite I'd never buy a Nissan).

@monipenny408 Месяц назад

LOL that's what American said about Honda and Korean motorbikes and cars!!!

@pccitizen1647 Месяц назад

Well,, you hardly matter.

@zes7215 21 день назад

wrg

@rio8677 Месяц назад

Nissan, Honda, Mazda ect., oh dear 😢😮

@likelikelikelikelikelike3971 Месяц назад

Add Subaru sadly? Mitsubishi?

@zes7215 21 день назад

@marcc.490 Месяц назад

😢 sad times ahead. Hopefully BYD can buy them out instead of Geely. Geely already has a stable numbers of brand

@godzillamothra5983 Месяц назад

Geely is more suitable, it is fast becoming the new Stellantis. BYD is more like new Toyota.

@PelleGIT Месяц назад

@@godzillamothra5983 Both are losing tremendous amounts of money on their EVs and are incredibly inefficient. They are in no way able to take over legacy auto makers. Geely cant even handle Volvo and Polestar.

@warheadsnation Месяц назад

@@PelleGIT Ford already proved it couldn't handle Volvo.

@PelleGIT Месяц назад

@@warheadsnation So what does that say about Geely for buying them? 🤣

@godzillamothra5983 Месяц назад

@@PelleGIT Geely is the only reason why Volvo still exist today. If anyone can save those legacy auto brands, Geely is the one. BYD expansion is just beginning. It set to dominate Southeast Asian market, replacing Japanese legacy autos who for years grew complacent and produced overpriced craps for that market.

@user-yt8gu1cl5x Месяц назад

Nissan makes legacy cars on no doubt legacy production lines which must be very expensive.

@haroldbeauchamp3770 21 день назад

Unfortunately for Nissan, they have a CEO that is focused heavily on survival. Taking an extremely conservative approach towards maximizing the current profit potential. This means selling their mediocre lineup as if they are a phenomenal product. The proverbial “polishing a turd” and putting a red bow and a price tag on it. While this is working in Japan, and a few other markets, it’s failing spectacularly in North America, one of their most important markets. North American consumers prefer the approach of a mediocre product offered at a rock bottom price, and sales increase exponentially along with profits due to sheer volume. Nissan’s CEO doesn’t understand North American buyers, and frankly, does not care.

@richardglover314 Месяц назад

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.

@stevehayward1854 Месяц назад

It's a shame, but they have only them selves to blame. My first EV was a Nissan Leaf and for it's time it was a good car, I enjoyed driving it, comfortable, easy to drive, but the lack of battery cooling/heating and the atrocious software, especially the app was a big down side, the battery cooling was not an issue for me as I would charge up slowly over night.

@torben777 Месяц назад

I have not looked into Nissans financials, but going by this video alone, I have to point out that a 99% drop in profits, means you are still profitable (6 million dollars of profits left). Companies who go bankrupt are normally making losses not profits (however small)

@user-kc1tf7zm3b Месяц назад

Why would a Chinese EV marque such as Geely or SAIC purchase Nissan? As this would mean they would have to inherit and take responsibility of Nissan’s legacy petrol car operations, parts manufacturing and warranty claims, which are liabilities running into the many billions of dollars. Apart from its brand and whatever goodwill Nissan has left, Nissan has nothing to offer a future foreign owner.

@HygienistDentist Месяц назад

Nissan is going to be the next Mitsubishi which was following Suzuki. Yikes

@jeffmaas9308 Месяц назад

Nissan-Renault own Mitsubishi

@PelleGIT Месяц назад

Nissan just posted record growth / profit. Look it up. Do some research before you post.

@huckleberryfinn6578 Месяц назад

@@PelleGIT Source? The latest news are telling the exact opposite.

@zoransarin5411 Месяц назад

@@PelleGIT Maybe you should do some research before you post. Nissans profit ($billion) and sales (million) for the last 10 years is: 2014 - 17.7 / 5.32 2015 - 21.3 / 5.42 2016 - 20.5 / 5.64 2017 - 20.1 / 5.79 2018 - 17.2 / 5.52 2019 - 13.3 / 4.79 2020 - 9.5 / 4.20 2021 - 11.2 / 3.82 2022 - 12.9 / 3.31 2023 - 13.6 / 3.44 So it is not record profit. Their profit was higher in 2014, 2015, 2016, 2017 and 2018. It is also not record growth. They sold 5.79 million cars in 2017. Last year they sold 3.44 million. That is a loss 41% of sales and size. The only bright light for Nissan is that 2023 was a better year than 2022. Whether that becomes a new trend or whether 2024 sees a continuation of the previous trend remains to be seen. However it is not hard to find numerous stories which go like this: "Nissan lowered its full fiscal year outlook on Thursday, as the Japanese automaker reported a 73% decline in profit in the April-June quarter compared to the previous year" So 2024 looks like another year where sales may increase, however profits will decrease. (www.factorywarrantylist.com/nissan-worldwide-sales.html)

@andrewstorm8240 Месяц назад

Nissan is fine

@jhelotes5627 Месяц назад

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.

@GianniBianchini-od5kn Месяц назад

The most correct economic strategy is to let them fail and then buy all their assets for one dollar.

@tonyn3227 Месяц назад

Nissan has very poor reliability record here in USA, not many want them, like fiat.

@dexlab7539 Месяц назад

Ford has worse quality record

@tonyn3227 Месяц назад

@@dexlab7539 true they are pretty bad too. Most are pretty bad. Not many good mfgs. Left

@haroldbeauchamp3770 21 день назад

That’s actually a misconception. Nissan has a lot of reasons they aren’t selling, but reliability isn’t one of them. The North American car buyer has been studied extensively since COVID by countless marketing firms. Price, inventory, and dealership reputation were the key factors in where consumers bought their vehicles. In reference to Nissan specifically, customers said they were too expensive, vehicles were too plain and unattractive, and dealers had a poor reputation for lack of customer service and preference for customers with poor credit or lack of financial options.

@neildolan7177 Месяц назад

Very sad, when you consider Nissan, was a pioneer in EV adoption.

@JamaicanMeCrazy Месяц назад

If they had any kind of interest in engineering the leaf as they did the gtr can the imagine? But maybe they now there entire engineering budget on that one car

@neildolan7177 Месяц назад

@@JamaicanMeCrazy My poing is really thar Sam has targeted Nissan's & is hoping they go bankrupt but they are part of ths EV storey . If sales had been better, would they have invested more? Sam talks as an investor, and wants people to buy EVs, like they have no choice. People will buy what they want & Sam will have to wait for his dividends. Its a transition & family cars are just a very small part of the global emissions. If we all have EVs tomorrow its not going to reduce emissions because world emissions will still be rising thanks to China.

@philliptemple9841 Месяц назад

@@neildolan7177China is the world leader in renewable energy materials and the world's biggest buyer of EVs. Japan spends their money lobbying to remove environmental legislation across the world. Nobody will shed a tear when China, rises and Japan falls. Phillip.

@warheadsnation Месяц назад

@@neildolan7177We have to do several big things to reduce emissions before evaporating methane hydrate formations in the warming oceans deal us the death blow. If we chicken out of one of the easiest things because of short-sighted greed, we lack the will to do the other things either.

@keangwooichoo6138 Месяц назад

Nissan leaf

@ellisrochlin2267 Месяц назад

the leafs 14 years old , how long can nissan bang this same drum. the quashkai and the joke are the only models that have decent sales numbers here in the uk

@damirzanne 27 дней назад

You can lease Nissan Ariya in US and you’ll get your government incentives

@ZweiZwolf 7 дней назад

The Nissan Ariya has $10k USD in lease incentives. The 2-year lease is quite attractive.

@jameshack485 Месяц назад

Where does Nissan have the money for R&D on solid state batteries? It's complete BS. Geely doesn't need to buy the Nissan brand. It's not worth it, plus they get all the warranties and problems of the legacy business that come with it.

@tobysatch973 Месяц назад

Saw a similar graph for Honda too. Might be worth checking them out too?

@PelleGIT Месяц назад

How about the Chinese who are losing billions every year selling EVs? Worth looking at them too? Why or why not?

@warheadsnation Месяц назад

@@PelleGIT The difference is, the shakeout in the Chinese auto industry was inevitable, EVs or not, because no country can support hundreds of automakers. The US went thru the same shakeout nearly 100 years ago, and created a bigger and more profitable industry. China is just planning for this shakeout to produce a few big companies with the resources to export.

@PelleGIT Месяц назад

@@warheadsnation Seems like they should let the market do this "shakeout". Right now, the Chinese government is spending billions supporting a zombie industry. Let 99% of the Chinese EV companies go bankrupt. Maybe then 1-2 two of the remaining companies can be profitable. But dont try to dump all their over capacity on other countries and destroy their markets with bad Chinese policies.

@haroldbeauchamp3770 21 день назад

As a person in the warranty/claims/risk management industry, Honda’s name has been coming up during our weekly meetings quite a bit. Warranty claims are at an all time high, and customer confidence at one of its lowest point in their history. I’m not sure what graphs you saw, but the raw data that I’ve seen is scary for Honda.

@ChickensAndGardening Месяц назад

There are Rogues all over the place in my part of the U.S. We just got a used '22 Leaf that is excellent. Is the Leaf "dead" as the Viking suggests? Maybe, but we're very happy we got a hold of one of these "corpses" because dead or alive, it's a great little car. Wish they were still making them.

@ericeandco 17 дней назад

Roguesasz pretty great vehicle. Like all cars quality dropping while prices are are too high for average people.

@tompell3032 Месяц назад

BYD is on its way to crush the japanese car industries.

@AdiSuffian Месяц назад

nissan=done!

@5nowChain5 Месяц назад

NISSAN = scrap metal and prime property sell off of assets.😂😂😂

@AdiSuffian Месяц назад

@@5nowChain5 bring back Carlos, if Nissan want to stay alive.

@ISuperTed Месяц назад

Does that mean the Leaf has left?

@johanlandman4097 29 дней назад

So which car companies ARE doing well??

@manikkalore1630 Месяц назад

One of very few industries where competition still exists, Rest of them are either monopoly, duopoly or Oligopoly. Meaning customers are getting screwed big time.

@moonbox3381 День назад

the only way for Nissan is buy from BYD sketch boardthan build build body on top that will fix the problems

@davidbutler99 Месяц назад

Yeah I have a leaf. They're kind of s***. And it is so sad because they could be better. No thermal management! Also I think that they are covering up the fact that their batteries are bad so that they don't have to pay the warranty.

@erinclerico3170 Месяц назад

What about the Nissan Frontier in the US? It looks like a great truck to me, especially the 4WD which appears to be about 10K cheaper than the Tacoma, which is having tranny issues...

@haroldbeauchamp3770 21 день назад

The problem is that even at 10k cheaper, it’s still grossly overpriced in a stagnant market. Midsized trucks are struggling as of late. Toyota’s new Tacoma is a product of bad timing and rushed production. Don’t confuse their new Tacoma release as a result of demand. The opposite is true. The new Tacoma is a result of poor demand and an effort to generate new sales. Nissan needs to begin a massive price reduction campaign and reduce prices 8k-15k across the board on all models and dependent on trim level. Then, purchase millions in advertising on social media and traditional media and blast the price decreases to the public.

@godzillamothra5983 Месяц назад

It is a wonder why people still defend Japanese legacy auto. For once, they have been caught cheating from emission tests to safety tests. They paid lobbyists to smear EV because they are not ready for it. But more importantly, despite all those faults, they keep increasing their prices they charge their customers. How can you love these kind of companies?

@PelleGIT Месяц назад

And Chinese automakers have been caught having slave labor in their supply chain.

@godzillamothra5983 Месяц назад

@@PelleGIT yeah, when the west do it, they called cheap labors, but when the chinese do it, the west called them slaves. I guess ones can only smell others farts🤣

@LW78321 Месяц назад

You seem to have a strong hate for China. Seeing your negative comments everywhere in this video @@PelleGIT

@PelleGIT Месяц назад

@@LW78321 I am simply pointing out facts about China and its EV industry. Something the Electric Viking refuses to do. Sorry if that triggers you.

@LW78321 Месяц назад

@@PelleGIT facts or biased opinions?

@leogeee1 25 дней назад

The only mistake Nissan made was overselling to rental car agencies and fleets. They sold in high volume at low cost per unit but they are still a quality car.

@haroldbeauchamp3770 21 день назад

They are all guilty of this, Kia/Hyundai, Toyota, Ford are just as bad and are worse during recent years.

@LuciFeric137 Месяц назад

Sad. In the day Datsun was known for quality and economy. Datsun pickups were great little machines. The 240Z, etc..

@same.6409 Месяц назад

Nissan should outsource the manufacturing of an EV version of GTI to BYD, and concentrate on the design

@13thbiosphere Месяц назад

Byd have very lean margins..... there's not a lot of fat on the system

@krossbolt4100 Месяц назад

Why? It is the end for GTR. Time for a new iconic vehicle.

@samanthajones4877 Месяц назад

That would be a good idea in a world without tariffs.

@user-yl4st7wi5w Месяц назад

nissan are just going have to reduce the number of cars they manufacture

@worldtrav72 Месяц назад

Looked at buying an Araya instead of my Tesla MY - Araya is a nice riding SUv - but I felt like they were economically vulnerable. Tesla was on better-footing and had the Supercharger network in place.

@AndyJHiscock 21 день назад

Hasn't the end of the production date been announced for LEAF?

@nickmcconnell1291 Месяц назад

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.

@zoransarin5411 Месяц назад

Have you seen the size of Toyota’s debt? I don’t think Toyota is really in a stable enough position to buy out Nissan. Secondly, which manufacturers are the least way down the EV road? Literally every Japanese automaker. Toyota, Honda, Suzuki, Mazda, Mitsubishi all are barely manufacturing EVs. They are at big a risk of failure as Nissan unless they can survive the transition. Being so far at the back of the race will make it extremely difficult for them

@andrewlevett4274 Месяц назад

@@zoransarin5411 They are too smart to produce vehicles that will not sell, because most countries will not have a comprehensive enough charging structure. EV’s sales are already slumping along with resale value.

@teresawalker4492 Месяц назад

I was excited when the Ariya was launched and rushed down to my dealership to see one. Not only did I find an expensive Chevy Bolt like car, but was told they could not sell me the only car they had. The pretty copper paint color that was much advertized, was only available on the highest trim level. I was so disappointed. The Tesla model 3 was a much better buy. So sad after waiting years for a modern Leaf replacement.

@haroldbeauchamp3770 21 день назад

Same with the 2022 Pathfinder it was released. My wife wanted the Forrest green model with the caramel leather interior that Nissan had in all of the press fleets and in their adverts. Problem was that every single Pathfinder that arrived in a 200 mile radius had a black interior and either black, white, or silver/gray exterior. The dealers refused to order the one we wanted because of shady markups meant they’d not make a massive profit off of me on a custom order.

@danielstefanovic2604 Месяц назад

Problem with Nissan is that both their ev and ice vehicles sucks, atleast with Toyota they have good ice vehicles they can sell to countries who aint got the infrastructure for ev.

@malcolmrickarby2313 Месяц назад

Do many countries have oil but not electricity? 😊

@Jukio-n3y Месяц назад

I think both suck Toyota Nissan they suck

@lolcatjunior Месяц назад

Honda, Nissan and Mitusbishi are planning to make an alliance. I doubt thats going to save them.

@mnhsty Месяц назад

Used Leaf prices seem to be holding up pretty well after the first year.

@jjohur Месяц назад

If anyone buys Nissan it will be a mixed bag. Nissan has a huge pile of debt. They don’t offer much in new technologies. What they do offer is a dealership network which someone would love to acquire. However, many new EV companies don’t like the dealership model. Nissan is a mixed bag for anyone thinking about buying them.

@stephenkutney9626 Месяц назад

It seems to me that the Frontier is the best truck in the midsize pickup market. You can get a king cab and a 6ft bed.

@haroldbeauchamp3770 21 день назад

The biggest problem is price! Nissan has an absolutely phenomenal opportunity to increase market share tenfold if they’d aggressively cut prices by 8k-12k depending on trim level across the board. The Frontier is currently the most reliable midsize truck on the market and Nissan is literally doing nothing to market the Frontier.

@kinevokross139 Месяц назад

The writing was on the wall. Aria was one of the most compliance EVER. They had experience with the leaf and drug their feet brining the Aria out then did a subpar job.

@robertal760 13 дней назад

Law suit 2 millions against NISSAN for overcharging the customers.. Be very careful !!

@TienyeeTien Месяц назад

Nissan Sentra starts at $9999 in China and is the only Nissan car that ppl are buying nowadays…

@undisclosedthai Месяц назад

I think it is Sylphy there

@87110006 Месяц назад

how many companies you've run?

@philmarsh7723 Месяц назад

Is the plural of "Nissan Leaf" "Nissan Leaves"?

@512Berlinetta Месяц назад

Nissan's Hail Mary ain't gonna save them

@autoselectricos-americalat9276 Месяц назад

Who's going to go bankrupt first, Nissan or Mitsubishi?

@number1genoa Месяц назад

Its sad, I owned a Nissan Sunny a few years back and then a 350Z, great cars and now my wife owns a 2016 Leaf which is a fantastic machine and is bullet proof relaiable. Nissan had the early lead with EV's by absolutely years and never leveraged that position , Hello ? who was running that show.

@dantribby199 Месяц назад

The only vehicle that's selling well is Frontier. Because it's basic, which is what most actual buyers want. Titan gone. Anything of thiers with cvt is junk. Pathfinder is ok. I like Ariya, but its too small and charges slow.

@hahtos Месяц назад

So sad. Used to drive Infiniti cars for 20 years. Bulletproof and semi luxurious with great V6 engines. Sadly they and Nissan have nothing worth my time and money now on offer

@neildolan7177 Месяц назад

The Japanese government could subsidies the transport of the Ariah, like in China with BYD.

@dexlab7539 Месяц назад

Japan is broke, their currency is in crisis too

@jpl9148 Месяц назад

Easy. Move the production to the mexican plant. Nissan Mexicana keeps selling well in Latin America. That is one big advantage over BYD. If they put a Ariya with the tesla connector and CATL batteries, I will buy in a heartbeat instead of a Tesla model Y.

@beautifulgirl219 Месяц назад

South Africa’s president Cyril Ramaphosa signed a new climate change bill into law this week, reported the Citizen. The bill introduces a regulatory framework for climate mitigation and adaptation, something that had been lacking up to now. The current “science-based” climate targets that have been adopted by companies across the world suffer from three issues: “basic misrepresentation”; “narrow and arbitrary benchmarks”; and “unequal effort sharing in an unequal world”. This makes them in need of reform, argued a comment piece published in Nature Communications Nature and Environment. A Nature study found that as well as absorbing carbon dioxide, trees also absorb methane from the atmosphere through their bark, making them more effective in absorbing greenhouse gases than previously thought. George Monbiot appeared on Guardian’s Science Weekly podcast to discuss the record-long jail terms for non-violent protest given to five Just Stop Oil activists for planning the blocking of a motorway in the UK.

@stockey Месяц назад

Not only Nissan, Dodge too.

@botcat Месяц назад

Nissan please build an off road Pro 4X van similar to the Ford transit trail….make it more affordable vs Transit & Sprinter. Offer numerous upfitter options and you will see some profits.

@twu905 Месяц назад

The Japanese car industry should hire you as a consultant to tell them what to do.

@danielstefanovic2604 Месяц назад

Problem is the Japan culture, a gaijin cant come and tell what Japanese needs to do, thats why they got rid of Ghosn.

@ChickensAndGardening Месяц назад

Japanese culture is very conservative, much more so than Westerners realize. We sit here and observe from afar, asking "Why don't they retool and build more EVs? Why don't they adopt newer technology?" But the reality is that if you study Japan to any extent, you will realize they do not change that fast. Yeah they were amazing in the 1980s; we all thought they were taking over the world. But it was an illusion; they just copied America and did a better job. Unfortunately they were unable to copy U.S. software and web technologies because of the platform barrier; once a company like Yahoo or Netscape had the market, no one else could break in. Later, it was Google, Apple, then Facebook and Amazon. The Japanese are still living in the '80s. They might catch up eventually but meanwhile China and the Koreans are eating their lunch. It's a tough neighborhood over there.

@dohc1067 Месяц назад

It is interesting that he mentioned Hyundai in this video. According to Autoline, they are now no. 3 in the world wide car sales behind only VW and Toyota. They are almost the size of Honda and Toyota combined.

@kyliefan7 Месяц назад

I always quote “Vengeance is mine says the Lord”. Or others believe in Karma!! If you are crappy to people it WILL come back to you! Nissan’s philosophy with their warranty policies and customers is just that Crap! I won’t be shocked if it comes to its inevitable ending!

@bradley7506 День назад

I certainly hope Nissan will be forced to make parts available for at least 10 years so I can fix my 2023 Murano as necessary. I knew I made a mistake when I bought it especially because of the damn Jatco CVT… Sad news for so many Nissan owners…

@Cats-N-Music Месяц назад

Nissan used to make so many affordable enthusiasts vehicles from its 1960/70s days as Datsun to 80s/90s budget performance hatchbacks like March gti to enthusiast sedans/ coupes like Bluebird sss-r, NX-r, 200sx, Silvia to homologation specials like 240rs, March r, Pulsar gti-r and realistically priced supercars like the Fairladys and Skylines. Not to mention they also took the fight to the German luxury segment with cars like the Laurel, Cedric, Cima, President and the Infinity luxury arm. Sad how 20 odd yrs of mismanagement and the wave of EVs has led to this 2nd wave of bankrupty including the one that Carlos Ghosn bailed them out of is simply a nail in the coffin for this once great legacy automaker. The SR20DET is a feat of engineering and will always have a special place in my heart.

@Heegooat Месяц назад

Nissan collapsed in the 90s Japan bubble, they were making more money speculating in the markets than selling cars.

@grahamf695 Месяц назад

Sad to see. Where does this leave Renault?

@malcolmrickarby2313 Месяц назад

Home in France 🇫🇷? ❤🇫🇷

@keangwooichoo6138 Месяц назад

I am malaysian. I can tell you French cars have many issues in hot weather here. Renault, Citroën, Peugeot

@NEAAFFAIRS Месяц назад

When you dont have money and still want a shotgun approach, you are doom. NISSAN should analyse the best segment and concentrate there. E.g. 1 small EV model that people want to huy. Close all the rest of the production line and revive the company. This means they have to compete with 1 single BYD model e.g. atto 3. They need to find a USP to beat it. Shotgun approach will not work when u are going down

@haroldbeauchamp3770 21 день назад

That is a horrific approach. Nissan is a worldwide company. What Japanese buyers want are the exact opposite of North American buyers.

@NEAAFFAIRS 21 день назад

Check how well Nissan is doing "Net profit in the first quarter plunged 73 percent year-on-year to 28.6 billion yen ($190 million), Nissan said -- far below analyst expectations of 97.1 billion yen." 4 ICE sedan models available when sedan sales are so low.

@rorykeegan1895 Месяц назад

Does the fact all their cars are as ugly as hell make a difference to their sales?

@PelleGIT Месяц назад

You mean the Chinese EVs? I agree with you, they really need to up their game in design. The only decent designs they have produced are copies of Western cars (ex: SU7 copy of Porsche).

@haroldbeauchamp3770 21 день назад

This is actually true. According to several marketing and customer surveys, unattractive and/or aging design was the 2nd biggest reason for people to avoid Nissan.

@Ask-a-Rocket-Scientist Месяц назад

They should be making billions selling replacement CVTs.

@haroldbeauchamp3770 21 день назад

Except that’s a non-issue. The last major cvt issue was in 2019 with Toyota. Nissans last major cvt issue was in 2013 with the JF017E transmission.

@tyalderdice4980 Месяц назад

So glad I left this company 2yrs ago.

@zassonouka Месяц назад

not criticising but here in Japan Nissan EV'S are the most widely available EV'S you'll see on the road and contrary to what you said we have 3 models available, the Leaf, Sakura and Ariya. Most domestic customers don't trust cars made outside of Japan, so Tesla's and Chinese brands have very little market penetration. I'm not suggesting Nissan doesn't have financial issues but this domestic base might give them a safety net to rebuild from when things go pear shaped globally.

@EwanM11 Месяц назад

Nah. Japan is toast. Just look at the value of the yen.

@zassonouka Месяц назад

@EwanM11 Maybe but you have to ask yourself why an export based economy wants to keep its currency artificially low.

@ChickensAndGardening Месяц назад

The Japanese consumers won't even buy Korean cars. They're not about to buy Chinese. Though, some Japanese cars may end up with Chinese parts, e.g. the PHEV tech from BYD that Toyota is (possibly) getting.

@petercoverdale5003 Месяц назад

Due to the size of the Japanese population and the fact many do not own cars. Japan can not self support Nissan, Honda, Suzuki, Mazda, Mitsubishi, Toyota by solely national sales. Japan survives by exporting its cars! Their market share worldwide is drastically shrinking!

@zassonouka Месяц назад

@petercoverdale5003 Most of my Japanese neighbours and friends here own cars so not sure where you are getting that information. My mother and father in law own 3 cars between the two of them, similar for my brother in law, 3 cars for a two person household and both of his kids own a car each. Japanese car companies will downsize and those that don't make any electric cars will probably get bought up or go out of business. Maybe companies like Suburu, Mazda and Suzuki but we are seeing more and more Leaf's, Sakura's and Ariya's on the roads here in Japan.

@dianewallace6064 Месяц назад

So Nice!!!

@electricviking Месяц назад

Thank you! Cheers!

@Enalog3 Месяц назад

Will Chinese companies be allowed to acquire Nissan?

@whowhy9023 Месяц назад

They would just buy the brand after bankruptcy. Don’t think anyone wants the company.

@RichardHilditch Месяц назад

Does their relationship with Renault help them? Can they rebadge the Megane and Scenic for some markets perhaps?

@SydneySewerat Месяц назад

Nissan e-Power says it all...all the cost of a PHEV without any of the benefits.

@mkmd8959 Месяц назад

Legendary car like gtr….. ironic nissan leaf so bad…

@casperhansen826 Месяц назад

Let fall what cannot stand

@oldbloke204 Месяц назад

Yeah lets take away all the subsidies, carbon credits and all of the money going into infrastructure for EVs and see how they go eh?

@RichardPeterShon Месяц назад

Nissan renault is about time go into the history books for good.

@abelincoln3261 Месяц назад

Nissan was one the best cars you could buy in the US about 30 years ago

@abelincoln3261 Месяц назад

The 280Z was a hard to beat car .

@williamgrunzweig571 Месяц назад

Morning Sam. If you get time talk about the full engine recall Toyota is announcing on its Tundras. They downplaying the hybrids as the electric motor will help avoid potential death if traveling at highway speeds...imagine that. Yet electric trucks are just SO BAD...okay. cheers.

@freddietheone8067 Месяц назад

The basic problem with Nissan, at least here in the UK, is they make really ugly cars. None of their styles are attractive; ‘sort of OK-ish’ at best. For example - the ‘Juke’ seems like it was designed to be ‘quirky’ but it is just ugly, imho. Even the ‘top brand’ of Infiniti make instantly forgettable designs. Old fashioned, high priced… they are going to die.😮

@MikeKisil Месяц назад

Long time ago datsun name disappeared I remembered to this day sad I was don't know why but was .

@benweb1105 Месяц назад

Nissan Rogue BAD transmission made them unpopular or "Popular" for failure... together with Nissan Dealership scumbags! There is one bad thing to have Bad Transmissions sold on purpose to customers... another bad thing to not provide Fix ... another bad thing to treat customers Badly, Bully, and trap them into a "warranty" that does nothing or going to find mechanics away from "dealership tech" and "void" their own warranty in order to have a safety on the road. Otherwise, Nissan Dealership will not fix the transmission until car is out of warranty and then will charge $10,000 to fix it.

@iany2448 Месяц назад

Do they have any brand equity worth saving?

@wimd4964 Месяц назад

Nissan had the Leaf EV and the popular Qashqaï in Europe. Instead of releasing a Leaf X, a future proof updated Leaf or Qashaï EV they gave us an expensive Ariya. No Nissan driver wants that. Nor will it attract customers from other brands. Look at Volvo and their EX30 and EX40 models. Could have been Nissan with a Leaf X or a Qashqai.