Welcome to the Daily 5 report for Thursday, Nov. 13.
A couple of interesting news items came from Nissan today that suggest the embattled Japanese automaker is optimistic about its critical U.S. business next year.
CEO Ivan Espinosa sat down with our Asia Editor Hans Greimel at Nissan's Yokohama headquarters to talk about a "full blast" of new models for the U.S. market. The company is looking to expand its hybrid offerings to new segments through 2030 with the possibility of an electrified V-6 truck.
U.S. sales should finish flat this year and rebound next, thanks to the addition of the e-Power Rogue crossover and increased supply of the Nissan Armada and Infiniti QX80 SUVs, as well as the full-year sales impact of the redesigned Sentra compact sedan, Espinosa said.
"Next year we should be in a position to grow our sales," Espinosa said. "The fact that we have these new product lines coming in and having a full blast next year is definitely something that's going to help."
Sign up for the Daily 5 report here
Meanwhile, Automotive News Canada's David Kennedy reports that Nissan plans to resume building the Pathfinder, Murano and Frontier for Canada in spring, setting an end date for its assembly hiatus that began last May.
The three U.S.-built models were among those caught in the tariff crosshairs last spring, when the United States imposed 25 percent tariffs on Canadian vehicle imports, prompting an in-kind response from Ottawa.
Nissan Canada imported extra vehicles before tariffs took effect, but the automaker has not built additional stock for Canada since and has no plans to resume shipments for the 2025 model year.
Production for Canada will come back online in the spring, as Nissan prepares to launch its freshened 2026 Pathfinder nationwide. The three-row crossover gets an updated look and new technology in the cabin, with a 12.3-inch touchscreen and wireless charger coming standard.
Meanwhile you should also check out our stories on Ineos Automotive's latest job cuts and a Mazda EV caught testing.
That's all for now. Enjoy the rest of your day. If you want to view this story on your browser click here.
— Omari Gardner, director of content and commentary
No comments:
Post a Comment