Tag: red ink

By on April 28, 2020

Nissan can’t catch a break. Instead of the new decade heralding sunnier skies and calmer seas for a financially compromised Nissan, the first quarter of the year (and counting) brought nothing but grief.

Declining sales and shuttered plants spurred by the coronavirus pandemic further destabilized the automaker’s balance sheet. It was the kind of out-of-the-blue event both beancounters and executives feared, occurring just as the automaker was preparing (hoping?) to exit its present crisis with the help of a new CEO and a new plan.

Clearly, that recovery will have to wait, as analysts are now mentioning 2008 in the same sentence as “Nissan.” (Read More…)

Recent Comments

  • Scoutdude: Because 350 is 100 more than 250 and you have to go with at least a 250 to get 8′ and 4 full doors....
  • Scoutdude: Around here it is all Transits, but yes they have bought all 3 in the past. But yeah Amazon is the largest...
  • Avid Fan: PLEASE delete the unnecessary BULLITT gizmos. A simple GT gas cap and a pony insert on the steering wheel...
  • EBFlex: Yes, I can see how posting facts directly from a manufacturer’s press release would be puzzling for...
  • EBFlex: Ford will never do that. Then they won’t be able to say they have the best selling (but completely...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Matthew Guy
  • Timothy Cain
  • Adam Tonge
  • Bozi Tatarevic
  • Chris Tonn
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber