Quote:
Originally Posted by tdw28210
YOu might need to worry about Nissan itself. Not sure what kind of cash they have on hand, but a $6.5 million quarterly profit (a 99% drop) is NOT good for any global car company's long term outlook. Especially when they were projecting $1B for the quarter earlier in the year. How does a management team screw up THAT badly?
https://finance.yahoo.com/video/nissans-q1-profit-plunges-99-100459269.html |
Two reasons: partly owned by Renault, and they don't know their marketplace.
In the 80s they were neck and neck with Toyota, but have lagged behind ever since, and once Carlos Goghst'n got involved it got worse.
That said, Ive done in a company Nissan truck the same trails in god awful conditions that Toyota trucks have done, without worry.