Nissan Developing Nismo Performance EVs

Nissan has coyly been suggesting that it might someday furnish electrified performance models ever since it released Nismo-badged examples of the humble Leaf for the Japanese market. This was followed by the 2020 Leaf Nismo RC, which served as an experiment to see what would happen if you added a bunch of electric motors in a bid to make the model genuinely fast on a race track.

With the automaker set to deliver 15 new EVs by 2030, there’s been some speculation about how many will boast sporting aspirations. But it looks as though a few might know that Nissan has confirmed its developing Nismo-branded performance electrics for the global market.

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Nissan Posts Predictable Quarterly Loss, Says Annual Losses Won't Be Too Bad

Despite predicting a rough year for itself long before the pandemic kicked the whole industry in the shins, Nissan is reporting a sunnier financial forecast. Thanks to its vast restructuring efforts and better-than-anticipated sales, the Japanese automaker has trimmed estimated annual operating losses by 28 percent.

According to Nissan, that should place the 2020 cash bleed (which doesn’t officially wrap until March 31st, 2021) somewhere around $3.2 billion instead of the original $4.5 billion. Considering it’s coming off an already bad year, this is actually good news. But it doesn’t mean there aren’t more hard times ahead, as Nissan has decided to evolve its restructuring plan to make sure it doesn’t lose more money than absolutely necessary.

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Room at the Top? Some Nissan Bigwigs Want to Push COO Up the Ladder, Report Claims

Nissan’s under the gun, and some near the top of the company reportedly like what they see in the company’s chief operating officer, Ashwani Gupta. So much so, that they’re pushing for a change in roles.

They’d like to see the architect of the brand’s four-year turnaround plan, released last month, don the same hat as CEO Makoto Uchida.

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The Final Three: Renault Chairman Assesses Nissan's Candidates for CEO

The hunt for Nissan’s next chairman has been narrowed to three potential candidates. Their final challenge will be impressing Renault chairman Jean-Dominique Senard. According to reports, Senard spent the better part of Tuesday interviewing Renault-Nissan veterans — via teleconference or face-to-face meetings in Paris.

Considering the laundry list of problems Nissan currently faces, it’s difficult to imagine why anybody would want the job. Maybe it’s the sizable paychecks or perhaps an eagerness to turn things around at the automaker. Either way, whoever Nissan ends up with will have at least as much as they can handle.

Let’s take a look at the candidates.

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  • SCE to AUX Over the last 15 years and half a dozen vehicles, my Hyundais and Kias have been pretty cheap to maintain and insure - gas, hybrid, and electric.I hate buying tires - whose cost goes by diameter - and I'm dreading the purchase of new 19s for the Santa Fe.I also have an 08 Rabbit in my fleet, which is not cheap to fix.But I do my own wrenching, so that's the biggest factor.
  • MaintenanceCosts '19 Chevy Bolt: Next to nothing. A 12v battery and a couple cabin air filters. $400 over five years.'16 Highlander Hybrid, bought in 2019: A new set of brakes at all four corners, a new PCV valve, several oil changes, and two new 12v batteries (to be fair, the second one wasn't the car's fault - I had the misfortune of leaving it for a month with both third-row interior lights stealthily turned on by my kid). Total costs around $2500 over five years. Coming due: tires.'11 BMW 335i, bought in late 2022: A new HID low beam bulb (requiring removal of the front fascia, which I paid to have done), a new set of spark plugs, replacements for several flaking soft-touch parts, and two oil changes. Total costs around $1600 over a year and a half. Coming due: front main seal (slow leak).'95 Acura Legend, bought in 2015: Almost complete steering and suspension overhauls, timing belt and water pump, new rear brakes, new wheels and tires, new radiator, new coolant hoses throughout, new valve cover gaskets, new PS hoses, new EGR valve assembly, new power antenna, professional paint correction, and quite a few oil changes. Total costs around $12k over nine years. Coming due: timing belt (again), front diff seal.
  • SCE to AUX Given this choice - I'd take the Honda Civic Sport Hatchback (CVT). I 'built' mine for $28777.To my eye, the Civic beats the Corolla on looks these days.But for the same money, I can get an Elantra N-Line with 7-speed DCT, 201 HP, and good fuel economy, so I'd rather go for that.
  • Kwik_Shift_Pro4X '19 Frontier Pro 4X. Next to nothing. All oil changes are on schedule. Got new tires at 60000 miles. Still on original brakes at 79000 miles. Those are due soon. Brakes complete estimate $1000 all in.
  • Dr.Nick The cars seem really expensive with tight back seats and Cadillac was on the list of the highest price gouging dealers coming out of COVID. I don’t understand the combination, shouldn’t they be offering deals if they are not selling?