The funds will be used to modernize internal systems at its headquarters and accelerate digital modernization and the rollout of AI-driven systems
If a signigicant portion of those funds are going to AI, they are doomed.
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The funds will be used to modernize internal systems at its headquarters and accelerate digital modernization and the rollout of AI-driven systems
If a signigicant portion of those funds are going to AI, they are doomed.
They already sell their vehicles to Altima drivers. I think doom was already on the menu.
They were doomed from the second they tied their company success to those terrible awful JATCO steel belt CVT's.
And told everyone those and the normal ATs didn't ever need their fluid changed.
They don't because the car will be in the wreckers before the fluid needs changing.
Then they sell a new one. Isn't that good for them?
A bunch of manufacturers said the same of their own transmissions, and they were all scammers for it, too.
Any company that puts two thermostats in a 4 cylinder engine gets a no from me.
All they need is a transmission not made of cheese.
Sure, lean into AI. Don't worry about the really shitty transmission you're still sticking in most of your cars, AI will fix it
According to the article, they're selling it for ¥97 billion but will lease it back, so they will post a ¥73.9 billion gain from the sale. But in the first half of 2025, they posted a loss of ¥221.9 billion. So selling their HQ will offset about two months' worth of losses.
Hope the money truck doesn’t have a CVT
I get this joke.
Oof.
I'm driving a 26 year old Nissan and it still runs great.
Please don't become another shitty car company. I thought I had an easy choice to make when I needed a new vehicle.
Sadly, it's age is the reason you love that Nissan. Their cars have been steadily getting worse the last decade or two
But shareholder earnings have improved. And in the end, isn't that what we all want? /s
Their ex-ceo who was responsible for all the cost cutting packed himself in a suitcase to escape the country, so maybe it didn't work out after all
Once about 2002 hit, things went to shit for Nissan.
I dunno, I had a 2007 Nismo 350Z, #94, and that cr was sweet af. It may not have been representative of the brand as a whole.
That's true for the 350's, I'll agree. Their v6 engines were pretty rock solid and those were designed and built by Nissan in Japan, along with the transmissions, and they weren't CVT's. A lot of their econo vehicles had Renault junk in them and their 4 cylinder engines didn't hold up as well. Fun cars to drive, but not as fun or nimble as the s2000 I used to own and now dearly miss.
Same. I drive a 22-year old 350Z Roadster manual and I plan on keeping it forever. I beat on it cause it's a sports car, yet it's never needed anything more beyond basic maintenance. They just don't make them this simple and reliable anymore.
Lolol the lengths a CEO will go to protect their ego. (Rather than be a subsidiary to Honda because he wants to be an equal partner.)
Stop making shitty cars
Yeah Nissan has been shit for 20 years, not surprising that it's catching up to them.
Yeah, the Rogue is a joke! We have had two and they both were/are shit and have so many recalls and issues, it’s absurd! Fuck em!
Depending on the vehicle, it's been a lot longer than that.
Nissan hasn't made a decent sedan/saloon for the western market in 33 years. Bluebird U12 was the last good model. U13 used the awful, terrible, no good KA24 motor, where Japan got an SR20DE(T)
Well I am fine with my nissan leaf.
It was cheap (bought used) and does what it should do.
Drive around and stuff.
The new Z is very reminiscent of the old Datsun 280. Or 240? Whatever, the cool one.
Isn't it remimiscent of about all of them?
It's a lovely car.
On the topic of car manufacturers, are there any new non-chinese (i.e. state funded) car-brands or is the market so consolidated and regulated that entry is pretty much impossible?
Hyundai, VW, Rivian, Polestar, Lucid, and GM still make electric cars, and generally good ones.
A used 2021 model 3 or y from Tesla will probably be th cheapest you can get without getting something like a used bolt, volt, or leaf.
there's the electric car startups like rivian or whatever
Also Thursday, Nissan reported a 221.9 billion yen ($1.4 billion) loss for the fiscal first half. It recorded a 19.2 billion yen profit during the same period a year ago.
What the fuck happened to their sales ? Did China kill it ?
Nissan, at least here in Europe, only makes uninspiring crossovers and not one of them is better than the uninspiring crossovers made by their competitors.
In some markets they have their big-ass SUV, the Armada/Patrol, but the latest generation of that came out this year or last year depending on market and it lost the V8 (already no appeal to the type of people who would've bought them). Now the twin turbo V6 supposedly has great drivability characteristics, but is barely any more fuel efficient than the V8 behemoth that came before it... And of course the V8 sounded good.
In August this year they cancelled their only "cool" car, the Nissan GT-R which hadn't had a true second generation, only facelifts, over 18 years of production.
Someone I knew, had either a 2016 or 2018 Qashqai, I forgot the exact year. After more than one engine repair, they decided it wasn't worth repairing anymore. This was about 2-3 years ago. The car barely had kilometers on it. I've owned numerous cars over 15 years old and even over 20 years old with multiple times the mileage, which gave me less problems, and I'm talking about cars from manufacturers reputed for building problematic cars. Audi, BMW, etc...
The new Leaf has better specs on paper than the old ones, but it looks really cheap inside and why the hell do we have yet another front-wheel drive "SUV"? I think even Hyundai and Kia EVs feel more premium at this point, and it's not like the Leaf is much cheaper. The Ariya has good specs on paper, but looks less practical than the Ioniq 5 and my god, why is everything a capacitive touch button on a flat surface? Just make real buttons ffs.
There's not a single Nissan I'd buy right now that's available for me on the market. The Z is cool, but not available in Europe unlike its predecessors. The GT-R was a dream car for me as a teenager, but now that I could even start approaching GT-R affordability territory in a few years if my ex hadn't ruined everything for me financially, it's being discontinued. Maybe I'll own a second-hand one in 10 years, unless they start going up in price like R34s. Even the Navara, which actually wasn't the absolute worst pick-up truck, has been discontinued.
Nissan's just fumbled everything. I know there's a place for uninspiring crossovers. Hell, SUVs saved Porsche. But Porsche knew how to make an SUV fast, comfortable and able to off-road well. Nissan just knows how to make a crossover that looks like shit, has no power, isn't comfortable, breaks down fairly early compared to even European rivals, let alone the other Japanese companies... I think their ONLY saving grace is that X-Trail is not too bad off road? Unless the latest generation changed that too. And the kicker? None of these vehicles are cheap anymore. The prices of every manufacturer have gone up, so at this point Nissan's not a lot cheaper than some entry-level Škoda that (and it pains me to say this, because I hate Škodas) is a much nicer vehicle.
Nissan Rogues from 14-17 have an issue where if you plug in a key programming tool and run it, the on board computer will just brick. This includes the dealer tool, not just 3rd party tools.
There's never been a recall for this issue.
That is reason enough to never buy a Nissan for me.
https://web.archive.org/web/20211226200134/http://www.digest.com/
That is reason enough to never buy a Nissan for me.