It's been common knowledge for a while now that the position of the Company is perilous but the latest financial data and news from the Company themselves suggests it is really bad. I can't see the Company surviving as it is beyond 2026.
I've just watched the video below which has a really succinct summing up of this position and it paints a very bleak picture. My concern of course is what happens if Nissan go bust sooner. I have my car until March 2026, but I do wonder if I should bail before that date. What do the members on here think?
Nissan's Future?
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ashleycarr
- Posts: 173
- Joined: Fri Jun 10, 2022 4:39 pm
That's unfair. He cites plenty of reports and uses real figures supplied by the finance industry. He has also said the Ariya was a pretty good car in one video I saw, just not a great one and in that he is correct. Given Nissan's clear lead when developing the Leaf I think the criticism is justified. Nissan took too long, relied on poor software, a lack of innovation and charged way too much money. They only have themselves to blame.
Really poor management is their problem, and their recent statements, about job losses in the UK and threatening to shut down plants, did not contain the real reasons why they have a big problem. The answer to all legacy car makers problems are to wake up and start competing with China. Make compelling cars, especially small ones, at affordable prices. Stop asking for tax payer handouts whenever their ridiculous plans fail. Privatising profit and nationalising debt is not a manufacturing sector solution we need.
Previous Nissan year financial reports haven't been this bad, I don't think one bad year (or a few more) will make Nissan dissappear, they've a great portfolio of products that are modern, including the 3rd gen Nissan Leaf, the Nissan Micra EV and they recently announced an A-segment EV, a Nissan Pixo kinda successor.
