Nissan - what do they do again?

[Tom109]

I did own an ‘82 Datsun 210. Paid $500 for it with 90k miles, sold it 6 years later at 156k miles for $300. Was a great little hatchback.

 

[Zimm]

I did own an ‘82 Datsun 210. Paid $500 for it with 90k miles, sold it 6 years later at 156k miles for $300. Was a great little hatchback.

i had an '84 300zx. after the dealer got me for 900 bucks in '89 for a distributor, i would go out and leave it parked in the middle of the city on a saturday night with the keys in it and the windows down. it was unfathomable that no one would drive off and ruin it.

 

[Krabby]

Related but unrelated note - Honada may merge with Nissan (and Mitsubishi).

 

[landmannnn]

Probably fair to say that there Japanese brands grabbed huge market shares starting in the 80's.

Mostly due to more advanced manufacturing.

The tables have turned, now the Chinese are beating the Japanese at their own game.

(Not quite so much in the US where the government have tended to protect their domestic manufacturers)

 

[terdrocket]

those guys ran Carlos Ghosn out of town and look where that took them.
Nissan used to have cool products but last couple of years hasn't been inspiring.

His legal troubles spread worldwide

 

[parb]

I read the case, seemed more like a palace coup than true malfeasance.
I think shareholders suffered more without him than with him.

 

[HereinDaRockies]

The new patrol pro4x is only $80k.
same price as a poorly equipped grenadier… good vehicle

 

[parb]

Nissan has 15 months of cash and after that it's bankruptcy. Tough place to be.
They are hoping to merge with Honda to stave off disaster.

Not great, and I hope they pull through.

 

[HereinDaRockies]

What’s is more likely in 5 years?

Ineos Auto still operating?
Nissan still operating ?

 

[FlyersFan76]

Nissan has been supplying laughable news for a while.

Tim Kuniskis - Stellantis > Nissan > Back at Stellantis in less than 2 years.
Christian Meunier - Stellantis (Jeep) > Nissan

Looks like Honda might be lining up to merge with Nissan.

 

[parb]

What’s is more likely in 5 years?

Ineos Auto still operating?
Nissan still operating ?

The CEO of ineos say that they are cash flow positive at sub 30k units. That suggests a much higher probability for ineos to be around than nissan.
notwithstanding the fact that a billionaire can fund ineos largely in perpetuity, nissan doesn't have an irrational benefactor like that. I guess that is too a risk but given that cash burn has gone down as unit shipments have gone up i think the bet is stronger on ineos than nissan (assuming their cashflow positive projections are true). Lynn Calder seems like a really legit ceo, that interview she made suggested that this is a real business and treated as such.

All startups loose money until they get to cash flow positive, ineos is no different. Nissan is cash flow negative as a public company who is supposed to be a cash generating machine -that is decidedly worse.

 

[FlyersFan76]

Have to feel bad for some of the dealers that are Nissan and/or Infiniti only. They do not have brands to manage the storm.

Another article I read is that stand alone dealerships will be shuttered in the US. Not sure how that works out if those dealers still have willing vehicle buyers and are able to provide service.