quote:

Originally posted by Mars_Attacks:
Costs me $100.

With 3’ of salt water in my garage and losing all my tools, 3 motorcycles, 2 cars, 2 generators, my pressure washer, Christmas decorations, etc. and being too busy with the cleanup, I had to pay the man this time.

I was pointing out was that changing the fluid on a regular old automatic cost about the same as a CVT transmission.

quote:

Originally posted by trapper189:
I was pointing out was that changing the fluid on a regular old automatic cost about the same as a CVT transmission.

My post was directed at the one above yours.

We need to set up a SigForum mechanics exchange.

Here is what Grok said about Infinity...

"Is Infinity automotive in financial trouble?

Yes, Infiniti, the luxury vehicle division of Nissan, appears to be facing significant financial challenges. Recent reports and analyses suggest:

Sales Decline: Infiniti has experienced a substantial decline in sales over the past few years, with 2022 being a record low, selling only about 46,000 units compared to a peak of 153,000 units in 2017. This indicates a severe loss of market share and consumer interest.
Product Lineup Issues: The brand has been criticized for an aging product lineup and a lack of innovation or new model introductions, which has contributed to its declining sales. The absence of compelling new vehicles or updates to existing models has left Infiniti struggling to compete in a dynamic luxury car market.
Market Withdrawal: Infiniti withdrew from significant markets like Western Europe and Australia due to low sales and strategic restructuring, further indicating financial difficulties and a shrinking global footprint.
Parent Company's Financial Health: Nissan, Infiniti's parent company, is also facing financial strain, with reports of significant job cuts, capacity reductions, and a search for new investors to stabilize its financial situation. This broader corporate context undoubtedly affects Infiniti's operations and financial stability.
Customer and Industry Perception: There's a sentiment, reflected in various forums and discussions, that Infiniti has lost its way in terms of brand identity and market positioning, further complicating its financial recovery.


While specific financial figures for Infiniti alone are not detailed in the provided sources, the combination of these factors paints a picture of Infiniti as being in financial trouble, with challenges in sales, market presence, and product innovation."

I started researching the Nissan Rouge SUV for a possible choice for next year and saw that the sales numbers on them are steadily dropping YoY so something is up for sure here.

Well, in our area the only Nissan you see on the road for most part is Altima. Apparently a pathway car for those who can't quite get a Charger/Challenger. They are both driven with equal aplomb and indifference to any norms, laws or common sense.

If reparations were made, Jackson alone would put Nissan in terrific position again.

Nissan is a second rate Japanese manufacturer. They’ve had plenty of time to improve the quality of their vehicles. That is their number 1 problem.

quote:

I started researching the Nissan Rouge [sic] SUV …

All you can get in it now is a little three-cylinder turbo. That doesn't fill me with confidence.

quote:

Cheap Chinese electric vehicles are being blamed for the collapse of car manufacturer Nissan.

Likely coming to the USA soon, as China builds plants in Mexico to avoid any USA/China Tariffs.

Standing in the door welcoming Chinese EV's is California with it's EV mandate looming...

For those mechanically inclined.

The Nissan 3 cylinder variable compression engine is garbage.

quote:

Originally posted by PASig:
I started researching the Nissan Rouge SUV.....

That just comes in red and red tones, right?

That must be an exclusive for the French Canadian and Cajun markets.

Le Nissan Rouge...

After gouging consumers from the Pandemic, and jacking average car prices out of reach of normal working people, it couldn't happen to a nicer group....

quote:

Those are steep drops and Automotive News reports the average profitability of U.S. dealers has sunk to its lowest level in nearly 15 years.

Link

Nissan Asks Nervous Dealers For Patience As Sales Struggle And Tensions Rise


Nissan is asking its U.S. dealers for “patience and understanding” as the company faces a number of headwinds. These problems have dominated the conversation as of late and one senior official reportedly said the company only has “12 or 14 months to survive” without a new investor.

That’s alarming talk and dealers are understandably anxious. To help calm their nerves, Nissan Americas Chairman Jérémie Papin reportedly sent a letter addressing the situation on November 30.

Nissan Slashing US Production By 17% As It Fights For Survival

The memo was seen by Auto News, which is reporting that Papin told dealers “We are working diligently to implement turnaround actions” that will bring “stability and future value.” The letter reportedly went on to say that Nissan will focus on improving their product lineup, growing sales, and right-sizing things.

While Nissan’s problems aren’t as obvious as those at Stellantis, a look at the sales chart will point you in the right direction. In 2013, Nissan sold 1,131,965 vehicles in the United States. A decade later, that number dropped to 834,097 units. At the same time, Infiniti sales went from 116,455 to 64,699 for a decline of nearly 45%. Those are steep drops and Automotive News reports the average profitability of U.S. dealers has sunk to its lowest level in nearly 15 years.

Ah, see? It's all good because they will be right-sizing.

They could have said something like "We are doing everything we can to meet market demand."

The industry problem is bigger than Nissan, what I hope is that the Government doesn't step in and really screw things up.

quote:

Originally posted by HRK:
After gouging consumers from the Pandemic, and jacking average car prices out of reach of normal working people, it couldn't happen to a nicer group....

It really was something else HRK. Feb 2022, I had some insider information about a new car coming to the states. I had saved for 3 years for it and was hustling for every minutia of detail on it. We got a different version than the rest of the world but beggars can’t be choosers. I go to my local Toyota dealership and they tell me I don’t know what I’m doing. They’ve never heard of the model, etc. I explain it’s about to be press released so I want to get a deposit in before everyone else. The flippers, the YT make videos crowd, etc. I’m talking to a senior salesman and he finally breaks character and explains they are charging $10k adm on everything they get, except for one LEO that was buying a CUV/SUV for the family. They charged him MSRP only but everyone else got stuck. I told him that was insane, ridiculous, and predatory. I ended up finding a MSRP only dealer 200 miles from home that would take my deposit. They remain a MSRP only dealer and didn’t do any of the blood lust bs that everyone else did through the pandemic. After my deposit dealer only got one, wrong color, and it went to the only person in front of me in line, I ended up getting mine out of state where my rural land I own is. Even they tried to do $5k adm because I was “out of state” but when I sent them my DL, and the two 3 acre plots I owned there, they relinquished, and sold it to me for MSRP and I remain good friends with my salesman to this day. Unless you are out of state, they’ve always sold at MSRP.

I’m used to getting vehicles at invoice or under invoice because I will wait, plan, and strategize my ass off. Sometimes stretching it out 2 years to get the right deal. But what went on during Covid, including dipshit buyers who were so quick to fall for these tactics, is still jaw dropping. ADM, and every vehicle Manu jacking MSRP’s up 33% on every model using every excuse in the book such as “material costs” and “demand”. Nah, it was predatory and nobody did anything about it. Well 2025 is going to be a buyers market so anyone who has held off it’s going to be your time. I’m going to replace my DD in March and stick it where the sun don’t shine. It’s time for some payback.

https://e.newsletters.yahoo.ne.../gZ2KrYw/seu8fd70234

(Reuters) -Japanese auto giants Honda and Nissan are in talks to set up a holding company, according to a person with knowledge of the matter, a move that would allow them to share more resources amid competition upending the global industry.
The talks, first reported by the Nikkei newspaper, would allow the two automakers to cooperate more closely on technology at a time when the industry is being rewritten by the likes of Tesla and Chinese rivals.
The talks are aimed at setting up an umbrella holding company that Nissan and Honda would then fall under, said the person, who declined to be identified because the information had not been made public.
It was not immediately clear whether a new holding company was aimed at eventually establishing a full union between the two companies, although Nikkei said they were beginning merger talks.
The two carmakers have increased ties in recent months as they wrestle with the changing EV landscape. As well as heavy competition, automakers also face stalling demand in Europe and the U.S., intensifying the pressures on them.
Honda and Nissan on Tuesday issued identical statements saying no merger had been announced by either company.
"As announced in March of this year, Honda and Nissan are exploring various possibilities for future collaboration, leveraging each other's strengths," the companies said in separate statements, adding they will inform stakeholders of any updates at an appropriate time.

cont...

https://www.newsmax.com/financ...dkt_nbr=0101022r0fyt

I see that they have finally released a new Murano. It had only been ten years.
I always liked the looks of the Infinity models but their technology is ancient now and I have never considered buying one.

I dunno

Maybe they could make a comeback by building a car that came with wind up windows, manual door locks, a key operated ignition, an engine you can tinker with and a basic radio. If you want a gps, get a Garmin. Get rid of all the computers and tracking crap.

quote:

Maybe they could make a comeback by building a car that came with wind up windows, manual door locks, a key operated ignition, an engine you can tinker with and a basic radio. If you want a gps, get a Garmin. Get rid of all the computers and tracking crap.

I'd like that. The tech has gone beyond anything I want from a car. It's gone from cool to frustrating.
I know, it's not going back to simple but simple was good.

Honda and Nissan Officially Begin Merger Talks to Create World’s Third-largest Automaker
Published Mon, Dec 23 20243:06 AM EST

Key Points

- If the deal goes through, the merged group has the potential to deliver revenue of 30 trillion yen ($191.4 billion) and operating profit of over 3 trillion yen, Honda CEO Toshihiro Mibe said.
- Discussions are set to conclude in June 2025.
- Nissan’s strategic partner Mitsubishi has been offered the chance to join the new group and will take a decision by the end of January 2025.

Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales.

In a press conference on Monday, Honda CEO Toshihiro Mibe said the companies needed greater scale to compete in the development of new technologies in electric vehicles and intelligent driving. A business integration would give the companies an “edge that will not be possible under the current collaboration framework,” Mibe said, according to a translation.

The deal would aim to share intelligence and resources and deliver economies of scale and synergies while protecting both brands, he said.

A holding company would be formed as the parent company of both Honda and Nissan, listed on the Tokyo Stock Exchange. The larger Honda will nominate most of the integrated entity’s board members. The merged group has the potential to deliver revenue of 30 trillion yen ($191.4 billion) and operating profit of over 3 trillion yen, he said.

Honda reported 1.382 trillion yen in operating profit in the full-year to March 2024, versus Nissan’s 568.7 billion yen. The companies would have a combined value of nearly $54 billion, with Honda’s market capitalization contributing the greater $43 billion share.

Discussions are set to conclude in June 2025.

Mibe added that if approved, the integration would be a mid to long-term project that is currently not expected to show visible progress until 2030 and beyond.

Nissan’s strategic partner Mitsubishi has been offered the chance to join the new group and will take a decision by the end of January 2025.

The companies are grappling with intense global competition in the EV market from the likes of Tesla and China’s BYD. The high cost of the EV transition for legacy companies has long been expected to drive industry consolidation.

Japan’s Toyota is the world’s biggest automaker by sales, followed by Germany’s Volkswagen. A Nissan-Honda tie-up would see the group overtake South Korea’s Hyundai.

Nissan Struggles

The proposed deal was first reported by Japan’s Nikkei newspaper on Dec. 17.

Nissan shares spiked following the initial report of a merger. Analysts say the potential tie-up is a result of financial underperformance at the company and of the restructure of its longstanding partnership with France’s Renault.

In its most recent quarterly results, Nissan said it would cut 9,000 jobs and reduce global production capacity by a fifth.

Honda CEO Mibe on Monday said some of the company’s shareholders may feel that the deal would represent Honda supporting Nissan, but noted the merger was “based on the assumption that Nissan completes its turnaround action.”

“If Nissan and Honda fail to stand on their own feet the business integration talks will not come to fruition,” he said.

Nissan CEO Makoto Uchida told reporters that the discussion of integration did “not mean we have given up on a turnaround” and was instead about ensuring the company’s competitiveness for the future.

“After doing this turnaround action for future development, future growth, we need to look at ultimate size and growth. This growth will be through partnerships,” he added.

Nissan has “been struggling in the market, it’s been struggling at home, it doesn’t have the right product line-up,” Peter Wells, professor of business and sustainability at Cardiff Business School’s Centre for Automotive Industry Research, told CNBC’s “Street Signs Europe” last week.

“There are so many warning signs, so many red flags around Nissan at the moment that something had to happen. Whether this is the answer is another question,” Wells added.

Shares of Renault were 1.2% lower in mid-morning European deals on Monday. The company directly holds a 17% stake in Nissan and owns another 18.7% via a French trust, while Nissan is a strategic investor in Renault’s EV and software entity Ampere.

In Asia trade, Nissan shares closed 1.2% higher ahead of the announcement, with Honda up 3.8% and Mitsubishi finishing 0.6% higher.

https://www.cnbc.com/2024/12/2...an-merger-talks.html