What's wrong with Infiniti?

MichaelL

MichaelL

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Nissan, add some new models, stop neglecting the brand! What did you think would happen? You offer almost nothing, is anyone surprised numbers are terrible and declining?
 
M

mediumhot

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To this day G35 was the JDMs biggest threat to BMW 3 series. When BMW 3 was doing 11K a month, Infiniti G35 was doing 6K while both Lexus IS and Acura TL were at 4.5K/month. Just typin this I get misty eyes, WTF has happened to premium car market?

I know kids of today lust over X3, Q5, NX, GLC but that' because they were not around when we had 3, IS, G35, TL, A4 and all other slim belt line cars. Sorry this is not an old man yelling at a cloud, I find this is damn true. There is nothing to lust over X3 compared to an Outlander or any other CUV out there. Premium CUVs don't have panache of entry premium sedans and coupes from almost 20 years ago.
 
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mediumhot

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Infiniti is still holding strong if you put Jaguar in this equation. Jaguar has halted all the sales in UK until new BEV model arrives. We have yet to see a concept of that model. Jag officials hope concept will see the light of the day in early 2025. That means they don't even have a concept yet.
 
L

Levi

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mediumhot said:
Infiniti is still holding strong if you put Jaguar in this equation. Jaguar has halted all the sales in UK until new BEV model arrives. We have yet to see a concept of that model. Jag officials hope concept will see the light of the day in early 2025. That means they don't even have a concept yet.
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But what EV? BEVs are dead!
 
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Sulu

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BEVs are not dead. Increase in market share may have slowed (and slower than originally planned) but it is still increasing.
 
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carguy420

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www.nst.com.my

[UPDATED] Nissan announces 9,000 job cuts | New Straits Times

TOKYO: Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures to tackle "a severe situation".
www.nst.com.my www.nst.com.my

This company is a fecking mess.

1st half of 2024's profit dropped 93% compared to last year

Now wants slash off 9000 jobs

Then their shares dropped by 10.1%

Apparently Nissan has been pushing their dealers to sell cars at a loss because hardly anyone wants their POS lol.
 
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Sulu

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Among other measures, the automaker will reduce its stake in Mitsubishi Motors by selling shares back to the firm.

It said its stake in Mitsubishi will fall to around 24 percent from 34 percent currently. Uchida added that Nissan would keep close ties with the company.
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Doing this would reduce Nissan's total holdings of Mitsubishi Motors' shares below the magical one-third of total shares. In Japan, ownership of just one-third of total shares gives the holder control of a company. Nissan effectively controls Mitsubishi Motors right now, keeping it afloat.

That is how Ford controlled Mazda -- and kept it afloat -- for so many years, by holding just over one-third of the total shares.

I wonder what will happen to Mitsubishi Motors now?
 
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carguy420

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Sulu said:
Doing this would reduce Nissan's total holdings of Mitsubishi Motors' shares below the magical one-third of total shares. In Japan, ownership of just one-third of total shares gives the holder control of a company. Nissan effectively controls Mitsubishi Motors right now, keeping it afloat.

That is how Ford controlled Mazda -- and kept it afloat -- for so many years, by holding just over one-third of the total shares.

I wonder what will happen to Mitsubishi Motors now?
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Probably not much different than right now because they are pretty reliant on each other.

Mitsubishi supplying K-cars and some emerging market specific vehicles to Nissan, and Mitsubishi rebadging certain Nissan models for 1st world markets.
 
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