The problem, Nissan says, is that not enough people want to buy its cars, particularly in the U.S.
Nissan Motor faces the prospect of steeper cost cuts after its ambitious turnaround plan ran into the stark reality of a slowing auto firstname.lastname@example.org Updated Feb. 13, 2020 7:52 am ET YOKOHAMA, Japan—Nissan Motor Co. faces the prospect of steeper cost cuts after its ambitious turnaround plan ran into the stark reality of a slowing auto industry. “We need to reduce fixed costs. We need to thoroughly cut spending,” Chief Executive Officer Makoto Uchida said Thursday after Nissan posted a net loss of 26.09 billion yen ($237 million) for the October-December quarter, its first quarterly loss since 2009, during the global financial crisis. ... Read more: The Wall Street Journal
Build them better. I won’t buy another BigBrotherGOD1 Let me state the obvious: LOWER THE DAMN PRICE! They don’t win any beauty contests that’s for sure. I delayed any car purchases because of trump’s tariffs. What they get for giving us that floating roof design trend. I will never buy another Nissan or Infiniti. Not sure about everywhere else, but in South Florida the paint and clear coat doesn’t make it past year 4 without showing signs of corrosion. By year 7 the car loses all clear coat on hood, roof and trunk. The resale value is 💩 🚽
It’s competitive marketplace. Customers chose Nissan over domestic brands last century- that’s how Nissan became a world producer. Well if America would step up their game and make the best product instead of talking the game maybe Americans would by American made cars that’s simple but America is so greedy until we cut off our nose to spite our face that’s stupid.
“Former Nissan CEO Carlos Ghosn fled Japan...” Surprisingly “not enough people” will continue to buy Nissan car since a couple of years of worldwide well known problems on the top leadership of company ... Lets talk about Juke and QASHQAI results of ugly designs period
Nissan sues Carlos Ghosn, seeking damages for property, jet useNissan is suing the Japanese automaker's former Chairman Carlos Ghosn, seeking $91 million in damages. Ha ha ha i thought this was mr. bean Or, they can settle for a 10% stake in his tell-all book on how he escaped in the box.
Nissan/Infiniti show a penchant for killing its winning formulas. The original Pathfinder (unibody) was doing so well but they went to truck-based (came back but too late); the G35/37 was a winner but they made it boring as Q series. They don’t like success. Wonder why 😉 tailopez Can't believe how American-centric companies are. smh
I just bought one. 🤷♂️ Detroit knows a lot about that situation. Stupid customers! dont worry Nissan people will stop buying your cars all together after carbon tax roles out. realDonaldTrump There are Nissans cutting me off daily. Total BS .
Nissan Sues Carlos Ghosn For $90 MillionI’ve been covering the auto industry since 1989, first as CNN Detroit Bureau Chief, then as the National Auto Writer for the Associated Press, General Motors beat writer at the Detroit News and video reporter at Automotive News. I also established Fiat Chrysler’s digital communications team, pioneering the concept of “corporate journalism” where companies tell their own stories using social media, video and webcasts. We used those methods to sell the American public on why then-Chrysler Group LLC was worth bailing out. My first interview as an auto writer was with Ford’s numbers cruncher who was about to retire. He told me to “be prepared, sit down, ask smart questions, then shut up, listen and write the truth.” Good advice. Still using it. He s in safe haven.Slap whatever penalty you want. Who's paying . This picture is doctored
Nissan seeks $91 million in damages from Ghosn over financial misconduct charges Nissan Motor Co on Wednesday said it had filed a civil lawsuit in Japan... Watched a special on this guy just the other day. Not sure what to think at this point. Need more info. Don’t we have to find him first? 🤔 Good
Nissan Sues Carlos Ghosn in JapanNissan sued Carlos Ghosn in a Japanese court, seeking $90 million in damages to recoup costs related to the former chairman’s alleged financial misconduct. SEEMS TO HIGH What’s not to love about this guy? Poor little fella, gonna fight the Japs all by himself
Nissan Sues Carlos Ghosn for $90 Million Nissan Motor s filed a lawsuit in Japan seeking $90 million from its former chairman, Carlos Ghosn, who fled the country before his trial on charges of financial wrongdoing I said to the man, 'Are you trying to tempt me Because I come from the land of plenty?' And he said, oh Do you come from a land down under? Good luck... why do you think he's in Lebanon? hha
Nissan seeks $91 million in damages from Ghosn over alleged financial misconductNissan seeks $91 million in damages from Ghosn over financial misconduct charges With a face like that, ol'Carlos needs to be charged with imagery misconduct. The public shouldn't be subjected to such horror. Ghosn carlitos PaperBagsWorkWonders nissan timetocollect 🐣🐤🐥 newsoftheday He took Nissan from the depths of hell into a multi-billion dollar company. Leave him alone! The man turned Renault and then Nissan around, that’s not exactly gratitude!