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From Automotive News:
Nissan shares fell to their lowest since 2009 in Tokyo on Friday, leaving the company with a market capitalization of 2.17 trillion yen ($19.8 billion), behind Subaru, Suzuki, Honda and Toyota.
Nissan’s stock is down 19 percent since the start of the year, after declining 28 percent in 2019 and 22 percent in 2018.
Dogged by falling sales in the U.S., Japan and Europe, as well as instability in its most senior management ranks following the arrest of former Chairman Carlos Ghosn, Nissan reduced its full-year operating profit forecast to 85 billion yen ($775 million), down from an earlier estimate of 150 billion yen ($1.4 billion).
https://www.autonews.com/automakers-sup ... es-plummet
Grumpy Gramps wrote:Wonder, whether the stealerships feel the pain/pressure and give huge discounts or throw-ins, if you'd be ready to risk buying a Nissan now.
Russell wrote:some free tissues and masks...
Grumpy Gramps wrote:If you were given a mask by Nissan, would you trust it?
matsuki wrote:Grumpy Gramps wrote:If you were given a mask by Nissan, would you trust it?
I'd never get to that point...why own a Nissan?
matsuki wrote:....you buy a Mitsubishi?
Seriously though, always been a Toyota fan....but my Cybertruck reservation was put in on announcement day. Electric FTW
Russell wrote:matsuki wrote:....you buy a Mitsubishi?
Seriously though, always been a Toyota fan....but my Cybertruck reservation was put in on announcement day. Electric FTW
Nope, wifey drove a Mitsubishi from before we married.
Now we have two Hondas.
matsuki wrote:Russell wrote:matsuki wrote:....you buy a Mitsubishi?
Seriously though, always been a Toyota fan....but my Cybertruck reservation was put in on announcement day. Electric FTW
Nope, wifey drove a Mitsubishi from before we married.
Now we have two Hondas.
Was referencing our token Frenchie's "meatball"
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