Nissan (NSANY.OB) is threatening to put a damper on the summer profits of the Big Three (GM, F,...


Nissan (NSANY.OB) is threatening to put a damper on the summer profits of the Big Three (GM, F, FIATY.PK) automakers with new aggressive pricing stemming from a lower yen and an urge to gain market share in the U.S. What to watch: Nissan's "scorched-earth" pricing policy is running up against an onslaught of new models from Detroit with positive reviews. The U.S. automakers may hold the line on prices - unless Toyota (TM) gets aggressive as well and forces the issue.

From other sites
Comments (3)
  • zorro2828
    , contributor
    Comments (740) | Send Message
     
    This is the time for North Americans to make up their minds and support what is made on this continent.. really sick and tired of Europe and Asia.. Let's go back to making our vehicles the envy of the world and if they want to sell some Datsuns to some third world countries .. let them.. They call it Nissan now.. but we all know they are the Datsuns of old with make-up.. and they still look like a pig!

     

    Sorry, but especially Ford has been a crackerjack job in quality, style, safety and pricing... Let's get North America working again and leave the Datsuns to some other consumers.. We need more manufacturing jobs right here in North America!
    17 Jun 2013, 02:57 PM Reply Like
  • redbaron
    , contributor
    Comments (929) | Send Message
     
    Zorro, Nissan does make vehicles in the US, and employs thousands of American's, as do BMW, Toyota, and several others as well. You are decades behind in this concept, as that story was news many years ago. Detroit failed to take care of quality, and others stepped in to fill the gap. Detroit has worked to fix this quality problem, but it came too late, and the others already had a start, IMHO.
    18 Jun 2013, 08:09 AM Reply Like
  • lcrupp
    , contributor
    Comments (104) | Send Message
     
    Although I own Ford stock I can't get too excited about jumping on a "buy American" band-wagon, not with Toyota trucks made in Texas , Honda's made in Canada etc etc.. I guess it depends on how you feel about supporting the United Auto Workers Union. They almost single-handedly put Chrysler and GM into bankruptcy. Biting the hand that feeds them.
    18 Jun 2013, 09:31 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs