Nissan asking for billions in bailouts

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It sounds like Nissan really wants to sell you a $30K Altima.

I remember when U.S. cars could be ordered how you wanted it, pretty much down to the last detail.

The imports were pretty much built one way: take it or leave it.

Now, thanks to essentially unrestricted imports and decades of domestic mismanagement from govt. on down, we have a domestic industry that could belly up any day now, and fog lights on an import econobox cost $8K.

Ain't progress grand.
 
Originally Posted By: Win
Now, thanks to essentially unrestricted imports and decades of domestic mismanagement from govt. on down, we have a domestic industry that could belly up any day now, and fog lights on an import econobox cost $8K.

Wow. That's a drink spitter right there. I swear I don't get enough of those on BITOG...
 
Originally Posted By: OVERK1LL
Originally Posted By: LT4 Vette
Everyone has their hand in the cookie jar.....

why should Nissan be excluded ?


Ford doesn't......


I pray it stays that way too, but if this recession settles in for the long haul Ford will be in trouble. In fact, all of the manufacturer's setup for huge volumes will be in big trouble.
 
Originally Posted By: Ben99GT
Originally Posted By: OVERK1LL
Originally Posted By: LT4 Vette
Everyone has their hand in the cookie jar.....

why should Nissan be excluded ?


Ford doesn't......


I pray it stays that way too, but if this recession settles in for the long haul Ford will be in trouble. In fact, all of the manufacturer's setup for huge volumes will be in big trouble.


No doubt about it. Somebody has to fail. Hopefully Ford borrowed enough that it is one of the other two. Because currently, their lack of government "assistance" has helped their image...... Which is obviously the reason for what they did.
 
And I really hope that it works for them...

In all of this fiasco, I actually am wanting Ford to pull through
 
Originally Posted By: OVERK1LL
Originally Posted By: Ben99GT
Originally Posted By: OVERK1LL
Originally Posted By: LT4 Vette
Everyone has their hand in the cookie jar.....

why should Nissan be excluded ?


Ford doesn't......


I pray it stays that way too, but if this recession settles in for the long haul Ford will be in trouble. In fact, all of the manufacturer's setup for huge volumes will be in big trouble.


No doubt about it. Somebody has to fail. Hopefully Ford borrowed enough that it is one of the other two. Because currently, their lack of government "assistance" has helped their image...... Which is obviously the reason for what they did.


What I find interesting regarding Ford's loans is that GM actually went to lenders around the same time Ford did and were turned down.

These private lenders saw apparently saw a lot they liked in Ford's plan...and a lot they didn't in GM's.
 
Originally Posted By: Ben99GT
Originally Posted By: OVERK1LL
Originally Posted By: Ben99GT
Originally Posted By: OVERK1LL
Originally Posted By: LT4 Vette
Everyone has their hand in the cookie jar.....

why should Nissan be excluded ?


Ford doesn't......


I pray it stays that way too, but if this recession settles in for the long haul Ford will be in trouble. In fact, all of the manufacturer's setup for huge volumes will be in big trouble.


No doubt about it. Somebody has to fail. Hopefully Ford borrowed enough that it is one of the other two. Because currently, their lack of government "assistance" has helped their image...... Which is obviously the reason for what they did.


What I find interesting regarding Ford's loans is that GM actually went to lenders around the same time Ford did and were turned down.

These private lenders saw apparently saw a lot they liked in Ford's plan...and a lot they didn't in GM's.



or what gm was willing to put up to back the loan was less.
 
There's a post from one of the people that dealt with both companies, he said it was the plans GM's proposed, or rather the lack of one that prevented them from getting money.
 
Originally Posted By: Drew99GT
Originally Posted By: GROUCHO MARX
Yes we can.


Mission accomplished.


Believe.
 
Originally Posted By: d00df00d


Originally Posted By: artificialist
Nissan was sinking before that.

Do you mean they were in financial trouble, or they were doomed to fail?

It seems to me that Carlos Ghosn did a pretty good job of turning the company back from the brink of bankruptcy.

On the other hand, I agree with most of what you said about the individual cars, and I agree that they're not exactly where they need to be to survive long-term.

IMO they're at least as well off as Ford: decent brand premium (decent-to-good if you include Infiniti), lots of good ideas in the pipe, and just in need of a few favorable changes in the wind to get them through the next year or so.

What I mean is that Nissan was making bad cars before Renault bought them. It then made people avoid Nissan cars when a Honda or Toyota could do the same thing without as much mechanical trouble.
Sure Renault has done good for Nissan, but they can't erase the repair bills many people have paid for bad car designs. That, and it doesn't help that the current lineup is filled with bad designs among certain good ones.
The same problem the US manufacturers have...
 
I have 30k miles on my Nissan X-trail, no gravel roads, driven all highway. At 30K miles both my rear rotors and breaks piled up and destroyed. I googled Nissan X-trail brakes to learn that Nissan put an undersized seal and made a huge engineering design flaw to prevent brake system from seizing up, they only put ONE audible brake failure device on one assembly too.

I go for warrantee, because I never took my X-trail in for a 12,000 km inspection of brakes, (meaning Nissan charges me "Moly Maid" service to fix thier mistake) they voide warrantee. Then my dealership offers after market rotors, I asked for equal product to match Nissan quality. I referenced my NAPA numbers from my 650.00 bill, I got the cheapest offshore rotors NAPA sells, I guess that says it all for Nissan Quality. At Napa the rotors were worth $40.00, the good Napa grade ones were $80.00, I got charged $110.00 per rotor by my Nissan dealership for the cheapest off shore [censored] they could find.

Loss intake screws due to lack of usage of loctite, americanization of bearings, flawed mapping of cats, absolute reluctance to recall any problem, even dangerous flawed engineered brake systems that pile up. I am reporting this to Transport Canada, doubt Nissan will ever own up to you.

I checked the Nissan service schedule, even after paying $650.00 to Nissan for new brakes assemblies I am still money ahead compared to paying thier service bills, rip off.

I bought $100,000.00 Nissan in this decade, since 1977 I bought nothing but Datsun/Nissan, no more, all Toyota now, I hope Nissan goes to [censored] in a basket screaming with white knuckles.

Cyprs
 
Wow....
My mom's 1985 Nissan Maxima had starting and charging electrical problems, an externally leaking P/S rack, and several A/C problems, but NEVER did it have a single brake problem after all those years and no emission control failure.

The Nissan X-trail is not sold in the USA. Unlike some Nissan products, I have no feelings about it.

My dad's friends had problems with XTerras, which were one size larger than an X-Trail. The engines needed to be filled with gear oil and sold at 90,000 miles because the engine bearings didn't last. Earlier VG-series V6 engines never did that, someone decided to cut corners!
 
the amazing thing was my Nissan stealership "had no idea what could have possibly cause this severe brake problem." the old babe in the woods routine. Astonishing this very small town Napa had an abundance of 05 Xtrail rotors that just happened to be in stock. In 2005 my stealership sold a huge stock of X-trails and more in last few years.

It was when I googled Xtrail brakes the screen lit up, 47-50k kms or 30k miles is the magical mileage the rotors and brakes completely pile up and no warrantee or recall, that is when I stopped patronizing Nissan and this Stealership.

Luckily my brakes piled up 3 months prior to my lease or some other poor owner would have gone through this experience and I would have stupidly bought another $30,000.00 Nissan.

Were those Xterras early modle 2003, that was the exact time Nissan played with Americanizig the bearings, they left their long term Japanese design for 4 months in 2003 for GOD only knows what ever reason. I am NOT knocking American bearings, I have had many American products for 100s of Ks. This experiment Nissan did was a huge mistake along with cat mapping, intake screws coming loose and destroying engines, brakes etc.

I just learned my X-trail gas tank tubes will prematurely corode out, the rear panels did not get proper rust proofing, there are safety issues on front left leg in event of accident, the brake thing, the rear AWD axle is made of match sticks and bend easy, I started reading the Nissan forum on the X-trail, I now STOP because it makes me want to burn the SOB. Oh yeah, my now 30k mile factory tires are now separating and the tread is like new, it just gets better and better.

Nissan deserves to bankrupt in my opinion.

Cyprs
 
Maybe they can take the profits from their overpriced parts like the rest of the foreign makes should. $93 for one LR caliper? And it was for a '93 diamante. I'm going to look at Ford next car.
 
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