Being honest good riddance. Im from SE Asia and we cant stand japanese brand cars anymore. Especially they charge premium price for a surplus Euro 4 engine cars.
The Japanese car companies have cheated too many times,for too long！Sorry, I have forgiven your cars TOO MANY times！Plus, the Japanese companies are so greedy. The New Prado is gonna raise its price by $12k this year in Australia, how greedy they want to be！ We have been ripped off for too long！
LEAF wasn't particularly a profitable car for Nissan. It's expensive to manufacture, and they only made/sold 650,000 leafs since its inception in 2010. It was more like a concept car. If it were a profitable model, they would've invested more. That said, 3rd generation LEAF will be around 2025/2026.
They were the EV leader at one time but they did not want to grow the EV brand and technology and along came musk and Tesla who said we will take EVs into the future . Now they have built the leaf for a decade so they have experience . The airya looks decent with a competitive price tag
Nissan has burned their bridges in the US because of their crappy CVTs. They have lost most of their die-hard fans to Toyota. They have a lease-only or warranty-only rating with most consumers.
Agreed, was looking into the NISMO Juke about a decade ago. Found out how much the CVT sapped the power, didn’t buy it as a result. Was a R34 fan for many years, they destroyed that brand image.
The only person who could save Nissan, they threw him in jail (because he was a CEO who wasn’t Japanese?). He had to escape Japan in the middle of the night. I swore off all Nissan cars from that moment on. This, from a former Maxima owner.
It was more complicated than that. It was a broader industrial-political operation against the threat of the French government forcing the merger of Nissan with Renualt and the nationalist -political reaction of the Japanese old guard at Nissan with the support of the Japanese state. By decapitating the Alliance arresting Ghosn, Kelly and purging the international management team that Ghosn had created over the previous decade, this operation essentially destroyed Nissan and Renault.
@@jamessmithers4456He's just a thief hiding in Lebanon. There is an arrest warrant from French authorities too. And obviously Nissan has no need for Renault.
Nissan is OK. This video is just commenting on Nissan's situation in China. Budget buyers in China moved away from Nissan's to MG and other Chinese brands which are also subsidized by the Government while luxury buyers consider Porche, Mercs and the lot, but not Infiniti. In EV space, they don't have any chance.
The Leaf was promoted by Carlos Ghosn. The Nissan board trumped up a charge of Ghosn using company funds for hotel expenses and threw him out of the company, actually into jail. Then they did nothing to develop electric cars for over 5 years until they came out with the Aria. Personally, I suggest boycotting Nissan for their treatment of Ghosn. I think this is just what they deserve.
Nissan isn't just Nissan these days; since 1999 it has been part of the Renault-Nissan-Mitsubishi Alliance (Renault owns about 35% of Nissan, and the conglomerate later bought about 30-40% of Mitsubishi). Up until 2017 or so, Nissan's Leaf was the top selling electric vehicle in the world and Nissan had a major market position in the U.S., China, and Japan. Carlos Ghosn, the CEO, was pushing EV's, but unfortunately was convicted of financial irregularities and lost his job in 2019. It seems that the company has lost its way and may never again return to the glory years of the Datsun era. Anyway, we have a '22 Leaf and love it. Why did they discontinue the Leaf? In my opinion, they should have kept the production line going, even at a loss, while adding a Leaf Ultra with more modern batteries and longer range. I don't understand why carmakers do what they do. GM discontinued the Bolt, a great little EV, then restarted it after a public outcry. These people just don't seem to know what they are doing.
They still have the US, Africa, South America and European markets. There are many brands that exist and don't sell in China ... And they're not alone. Renault partnership is strong. But we'll see ...
General Motors EV1, Nissan Leaf, Mitsubishi i-MiEV, Toyota RAV4 EV, Chevrolet Bolt EV, Jaguar I-Pace and many others were early models of EVs (I'm not including the Toyota Prius Hybrid). These companies had a jump on the EV world. They should be leading the way in EVs, but how many of them today are serious contenders in EV markets around the world? Many of these vehicles were hailed as revolutionary and yet these companies all dropped the ball. I think all of them have or had factories in China, so you can take "Chinese made" advantage out of the equation. They were innovative and then sat back and coasted, dying by degrees. Two companies MAKING PROFITS from EVs are Tesla and BYD, so what is the difference between these too and all the others? Vertical Integration and fast paced innovation. The big companies can see it, and yet they don't follow. Instead they double down on ICE vehicles and are prepared to ride that pony into the ground. Can these legacy automakers who are already hundreds of millions of dollars in debt hang on? For now perhaps, but the vehicle manufacturer landscape is going to change almost overnight. edit. Hundreds of BILLIONS of dollars in debt.
GM and Ford can't make anything except eye wateringly overpriced pickups at a profit. European makers have been one by one rebadging Chinese cars. Sad trajectory.
GM's EV program is doing OK. They just released the Equinox EV. GM's Springhill Ultium battery plant is ramping up nicely. GM has no real competition for their Brightdrop van and will be adding a second shift as soon as they can get more batteries. They say their EVs will be profitable next year.
Did Nissan ever make money on the Leaf? I don't think they did. If they did they just needed perhaps to make a nice looking one (I have an old leaf they are dog ugly but I purchased it). A nice looking Leaf would have sold, then they could have mixed it up more.
In the car manufacture industry there is unfortunately not just one bear in the forest. There are in fact many starving bears in the forest. So to survive, you have to be among the few fastest runners in the group.
It's why partnering with Rivian would have benefit. An EV truck that just set a record on the Pikes Peak International Hill Climb, but also has been well received for years in the market, just needs the mass production of a cheaper model to reach a larger market. Something that Nissan might achieve by repurposing an existing underused factory or two, to build Rivian's R2 and R3 designs.
Nissan is shutting an assembly plant in Jiangsu Province. It's a Joint-Venture with a Chinese company and manufactures 10% of production volume in China. Most foreign automakers are not willing to sell cars at a loss like Chinese automakers, which is why they're cutting production in China and firing local employees. Unfortunately, Nissan is still cleaning up after the disgusting mess from Carlos Ghosn era.
Nissan was a massive mess long before Ghosn came along. They refused to make changes to fix the problems, and they're still a huge mess today. I've long thought that Nissan would be the first of the major Japanese automakers to go belly up.
@@IanHobday Nissan posted record revenue in FY2023 at JPY12.6 trillion, up 20% from FY2022. Profits were up 92% from previous year, and they forced Renault to reduce Nissan stake. Not as good Toyota and Honda, but they're relatively okay. Ghosn destroyed relations with all Nissan suppliers, which is why steelmakers to component companies have been giving Nissan the least favored price and deal. Ghosn also expanded like crazy to sell low-quality cheap profit-less cars, which completely shattered Nissan's brand. Nissan has been struggling for years to right the wrong from the Renault/Ghosn disaster.
Just because china's cars are cheaper doesn't mean they sell it at loss. BYD's profit margin per car is larger than tesla. Wuling and zkeer also big margin
As it stands there are Far Too many cars sat on disused airfields, awaiting transportation to garages around the world. And why is this - because of the decline of sales, due ro over priced index values of said vehicles and the slow pick-up of systems like Electric charging points.
Nissan Sylphy starts around $9600 now in the showroom and is not selling well, people don’t want ICE cars anymore. Plug-in hybrid like BYD Qin L is selling like hot cakes
The EU are trying to avoid a Trade War with China. I fully expect the tariffs recently announced by the EU on Chinese EVs (especially SAIC/MG which is State owned) to be halved or possibly reduced even further.
A large source of geothermal ground energy has been identified in remote Presidio, Texas. The new projects borrow horizontal boring technology from petroleum drilling so that heat from a single bore hole is pulled from a large underground area. In older geothermal the wells gradually lose the ability to extract heat. A problem, is how can the energy from this location. Texas may have as much geothermal potential as wind and solar, but geothermal has been difficult to harness. In Germany a geothermal project using horizontal drilling will provide heat for an entire city
They are a good car company with a big bureaucracy. They should focus on the hybrid segment and show their best technology. The Middle East and Africa still need ICEVs.
So instead of closing that factory. They should offer Fisker to build their cars there. EV outsourcing to nissan survives and learns more about EV production and uses the fisker platform to build its own vehicles on?
Add to that their terrible CVT transmissions. We have owned a y62 Patrol for 7 years. Excellent 4wd let down by an ancient interior (same in 2024 models).
A little bit of data cherry-picking from Sam here. Nissan climbed down a hole and lost an enormous amount of money in 2019. In Fiscal year 2023 (ending in March 2024) Nissan actually made a decent profit (568.7 billion yen). As at April 2024, Nissan's *global* sales are up by 5.2% compared to the same period in 2023.
So senseless. Nissan had a lead in the EV market with the Leaf that it took Tesla years to catch up to. Why did Nissan squander their lead? It makes no sense at all.
They should have active cooled the Leaf as soon as it was know to be an issue. Next pivoted and added electric mini van for families, electric SKyline and small electric pickups. They did this to themselves.
Downsizing, lowering expectations or even pulling out of China are all on the table. It's sorta what's happened with TVs and even the movie industry, regarding China. It is what it is.
A troubled automaker like Nissan should merge, or joint venture, with a well regarded EV maker like Rivian, which has proven products but no mass production capabilities. Tesla found that going to mass production was extremely difficult; that's long been a barrier to entry to automaking. Rivian would benefit from having Nissan swap over some underused factories to R2 and R3 model manufacture. Nissan would benefit from new products, new sales channel, new image. Neither company is perfect, but they probably complement each other in many ways.
Nissan basically invented the EV category with the Leaf in the US and was the only choice at one time. How do you drop the ball that bad? That would be like Apple still only making the iPhone 7 today.
Saudi Arabia has confirmed that at least 1,301 people died during Hajj, BBC News reports, with temperatures at times exceeding 50C during the annual Islamic pilgrimage. In its first public comments on the deaths, Saudi Arabia’s news agency said that “more than three-quarters of those who died did not have official permits to be there and walked under direct sunlight without adequate shelter [and] some of those who died were elderly or chronically ill”, the article continues. Saudi Arabia “has been criticised for not doing more to make the Hajj safer, especially for unregistered pilgrims who have no access to facilities such as air conditioned tents and official Hajj transport”. In the US, Reuters reports that more than 100 million people across the US were under heat warnings yesterday, “with cities on the east coast bracing for record-breaking temperatures as the heat dome causing the dangerous conditions expands to the west coast”. The New York Times says that a storm in Michigan left thousands of people without power during the heatwave. The newspaper also reports that heat-related illnesses “spiked” in areas hit hardest by the heat. The Washington Post reports that the state of Washington hit 100F (38C) for the first time in eight years. The Financial Times “climate graphic of the week” focuses on the “heat emergency” facing the US and Mexico. And the Los Angeles Times reports that “California wildfires have already burned 90,000 acres and summer is just beginning”.
Nissan will be down, but in Europe they're still selling a lot, especially their Cash cow Nissan Qhasqai. In Spain is sello g among the top 3 and I see them everywhere since they're selling their hybrids and its still a market to buy. But they either get their shit together with electrification or they will go down even more.
Nissan never recovered from their internal dispute with Ghosn. Ghosn may have siphoned off millions for his personal enrichment, such as renting Versailles for his daughter's wedding at company expense for which he was eventually arrested, but at least he had a vision for the company. The Ariya is their latest disaster; they have a great design but priced it 10k over what it was supposed to be, dooming it to very low volume. A ship without a captain just wanders on the ocean and eventually runs aground. Without strong leadership Nissan is doomed.
Japanese and German cars in particular and their products in general have been highly overrated. They live mostly with their reputation in the glory past, while the world is changing fast...
could enyone recogonize who is that in this channel named "Ludicrous Feed" video "ZEEKR Design Studio Shanghai Walkaround and ZEEKR Factory Tour Ningbo" at 2:23? guess...
Sad my Nissan Navara D40 550 V6 diesel ute (now a tech dinasaur) still is a fantastic practicle unit. Wrong mob going down at least Nissan wants EV yep sad!!!
I love my 2005 Infiniti G35 coupe. I would never buy a Nissan now. The design went to hell and the price is through the roof. Infiniti is gone from Europe and Beverly Hills - LOL. Bye, Bye and their EVs suck. "Ghosn led Japanese automaker Nissan for two decades, rescuing it from near-bankruptcy, before he was arrested in Japan in November 2018 on charges of breach of trust, misusing company assets for personal gains and violating securities laws by not fully disclosing his compensation.Jun 23, 2023". - LOL - he destroyed Nissian with horrible designs, price cutting, etc.
China's auto market is so cutthroat, it is not surprising that a smaller car manufacturer like Nissan fails there. Even bigger car maker like VW is having a tough time. Nissan better focus their resources on more competitive markets and fewer but more popular models to survive.
nissan car is just not that good. as what is being made by others starting with no battery management in the leaf has effected all battery cars since they needed to change batteries due to damage
Let's see what happens to the Chinese market share outside China. Probably something similar. What is China going to do with all these cars that it cannot stop making? Bit like the 80 million vacant apartments they built.
Nissan is a far better company than Fisker ever was. How well they do will depend on how well they pivot to meet the current vehicle climate. If they can find a niche for themselves they will survive even if they aren't the company they once were.
Remember Nissan tried to help that one failing EV company, but the banks would not give Nissan the loan. Nissan is doing far worse than most people think or know about. Japan might get bailed out *"**#Toyota**"* once again. But Nissan is standing on an island. 🏝
One person made the vision long time ago we got to admit not bad at all since then to now one person after another at the company followed someone's naritive and what a naritive it is sad to say sad to watch. Bye my friend Datsun.
The U.S. is closing its borders to Chinese EVs before they even launch. The Biden administration last month raised the total tariff rate to 102.5% on Chinese EVs, despite extremely low imports. Canada, whose car industry is tightly integrated with the U.S., is considering new tariffs, too, Washington also launched an investigation in February to assess their security risks. This could be an even more potent blocking tool.
@@allangibson8494 I know someone who knew the company well. Ghosn was no Saint, but did nothing illegal. Shady, but not illegal. The episode was much more about him moving to finalize control. Textbook palace coup. Most industry observers will agree that the company has been in decline since he left.
@@mitchcollins5840 And you may want to research how much money Ghosn stole. He crippled Nissan by pocketing at least $140 Million dollars in “expenses” including multiple apartments and yachts.
Electric sales are tanking everywhere because all those willing to be persuaded to buy an EV have already bought them and many of those are realizing that EVs require far more hassle and worry if you don't have home charging capability.
Yawn! You have been saying the exact same thing for about Toyota & Nissan for the last couple of years - If we all live to be 100 I'll sure you'll eventually be right
When you think legacy auto makers sales are down you are all over it and predict they are finished, (you wrote off Ford, Toyoya and Nissan a long time ago and they are still selling a lot more card that EV makers) - EV sales are also down and all the surviving manufacturers, rightly or wrongly are in serious trouble but you act like its because they can't build them fast enough - bit of balance would be nice!
