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Drew Dowdell

Nissan News: Nissan Cuts Two Days of Pay for North American Employees

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Nissan is forcing employees to go without pay for two days at the beginning of January 2020 by remaining closed on the 2nd and 3rd of January. The move equates to a 9.2% pay cut for those paid monthly.  In addition to the pay cuts, Nissan is cutting travel expenses by half effective immediately. All of Nissan's US operations, including Infiniti an Nissan Motor Acceptance Corp, the company's in house financing unit are included in the shut down. 

Nissan has been plagued with falling sales in the U.S. with the entire group falling 16 percent in November. Nissan brand fell 13 percent and Infiniti fell 33 percent (You can view the industry sales figure ticker for November here). Nissan has been moving away from high volume fleet sales and cutting back on retail incentives in a drive to be more profitable. 


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Some hard painful times ahead for some of these auto companies.

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5 hours ago, dfelt said:

Some hard painful times ahead for some of these auto companies.

Can somebody explain why anyone should buy a new Nissan or Infiniti as opposed to the competition?  I missed that meeting apparently.  Will either exist in five years is the question.

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Not surprised at all! They're in a death spiral.

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On 12/5/2019 at 8:05 PM, riviera74 said:

Can somebody explain why anyone should buy a new Nissan or Infiniti as opposed to the competition?  I missed that meeting apparently.  Will either exist in five years is the question.

Been seeing more of the new style Altimas lately.  They all seem to have 'AWD" badges on them.  Nissan's not gonna get rich on Altima sales though.

TIme for a new Rogue though, those sell like hot cakes around here.  Had Nissan turned their lineups over more quickly I don't think they would have these issues.

Infiniti's behind the curve.  The new crossover of theirs is a bit of a styling dud and thats the one that has to hit the meat of the luxury crossover market for them.  I don't think its been doing that.

I think we underestimate still how much over the decades the car buying public has been drinking the 'Honda and Toyota are best, most reliable' kool aid.  Why people buy Toyotas, I truly do not understand, but they can poop on a plate and make straight cash homey doing so, no questions asked.  I do admit to liking the current RAV4, but everything else Toyota is 'why would you buy that over ______?" to me......

Until Nissan gains back that swagger like when they introduced the game changing Altima style in the early 00's (or whenever that was).. and breathes a hint of performance image back into their products, it may be tough.  Right now they have to sell themselves on easy credit and cheap payments like many other manufacturers do but it becomes a problem when you have to have easier credit and cheaper payments then Hyundai to move metal.

Edited by regfootball
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I think they were betting on the new variable compression turbo 2.0 to be their killer app.  But I've driven it a few times and it is unremarkable, even a bit coarse. It doesn't get amazing fuel economy like they said it would either. 

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    • By Drew Dowdell
      January 3, 2020
       
      2019
      2018
      % chg
      Total December sales (units)
      104,781
      148,720
      -29.5
      Nissan Division sales
      93,538
      130,655
      -28.4
      INFINITI sales*
      11,243
      18,065
      -37.8
       
       
       
       
      Calendar Year Total Sales (units)
      1,345,681
      1,493,877
      -9.9
      Nissan Division sales
      1,227,973
      1,344,597
      -8.7
      INFINITI Sales*
      117,708
      149,280
      -21.1
      NASHVILLE, Tenn. – Nissan Group announced total U.S. sales for December 2019 of 104,781 units, a decrease of 29.5 percent versus the prior year. Nissan Group also announced total calendar year 2019 U.S. sales of 1,345,681 units, a decrease of 9.9 percent compared to the prior year.
      Nissan Division December highlights:
      Altima sales continue to rise with 19,132 units sold, up 12 percent. Sales of the Nissan Armada rose 3 percent in December to 2,967 units. Nissan Division calendar year highlights:
      Nissan Kicks showed strong gains during the full calendar year 2019, up 150 percent. Nissan set annual sales records with NV commercial van (+19 percent) and NV200 (+1 percent).   *INFINITI sales total included for reference. For more information on INFINITI's December sales performance, please visit INFINITINews.com.

      NOTE: To ensure consistency in global sales reporting, Nissan North America calculates monthly variances on a straight-percentage basis, unadjusted for the number of selling days. December 2019 had 25 days, while December 2018 had 26 selling days.
      NISSAN DIVISION
      DECEMBER
      DECEMBER
      Monthly
      CYTD
      CYTD
      CYTD
      2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
      Nissan Division Total
      93,538
      130,655
      -28.4
      1,227,973
      1,344,597
      -8.7
      Versa
      3,265
      6,735
      -51.5
      66,596
      75,809
      -12.2
      Sentra
      11,033
      17,567
      -37.2
      184,618
      213,046
      -13.3
      Altima
      19,132
      17,064
      12.1
      209,183
      209,146
      0.0
      Maxima
      3,387
      5,600
      -39.5
      35,076
      42,337
      -17.2
      LEAF
      1,227
      1,667
      -26.4
      12,365
      14,715
      -16.0
      Juke
      0
      5
      -100.0
      11
      731
      -98.5
      370Z
      158
      202
      -21.8
      2,384
      3,468
      -31.3
      GT-R
      17
      25
      -32.0
      331
      538
      -38.5
      Total Car
      38,219
      48,865
      -21.8
      510,564
      559,790
      -8.8
      Kicks
      4,123
      5,704
      -27.7
      58,193
      23,312
      149.6
      Frontier
      4,720
      7,492
      -37.0
      72,369
      79,646
      -9.1
      Titan
      1,916
      4,661
      -58.9
      31,514
      50,459
      -37.5
      Pathfinder
      5,894
      6,799
      -13.3
      65,691
      67,550
      -2.8
      Armada
      2,967
      2,874
      3.2
      32,044
      32,650
      -1.9
      Rogue
      27,331
      42,523
      -35.7
      350,447
      412,110
      -15.0
      Murano
      5,187
      8,033
      -35.4
      68,361
      83,547
      -18.2
      Quest
      0
      0
      n/a
      0
      3
      -100.0
      NV
      1,719
      2,013
      -14.6
      20,022
      16,902
      18.5
      NV200
      1,462
      1,691
      -13.5
      18,768
      18,628
      0.8
      Total Truck
      55,319
      81,790
      -32.4
      717,409
      784,807
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      73,510
      96,695
      -24.0
      970,563
      1,022,140
      -5.0
      Car
      38,044
      48,633
      -21.8
      507,838
      555,053
      -8.5
      Truck
      35,466
      48,062
      -26.2
      462,725
      467,087
      -0.9
      Import
      20,028
      33,960
      -41.0
      257,410
      322,457
      -20.2
      Car
      175
      232
      -24.6
      2,726
      4,737
      -42.5
      Truck
      19,853
      33,728
      -41.1
      197,372
      317,720
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      INFINITI
       
      Infiniti Total
      DECEMBER
      DECEMBER
      Monthly
      CYTD
      CYTD
      CYTD
      2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
      11,243
      18,065
      -37.8
      117,708
      149,280
      -21.1
      Infiniti Q50
      2,165
      3,690
      -41.3
      25,987
      34,763
      -25.2
      Infiniti Q60
      430
      662
      -35.0
      5,043
      9,017
      -44.1
      Infiniti Q70
      90
      329
      -72.6
      2,552
      4,479
      -43.0
      Infiniti QX30
      50
      647
      -92.3
      3,229
      8,101
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      Infiniti QX50
      1,815
      3,329
      -45.5
      18,616
      25,389
      -26.7
      Infiniti QX60
      4,113
      7,032
      -41.5
      43,162
      47,370
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      4
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      6
      954
      -99.4
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      2,580
      2,372
      8.8
      19,113
      19,207
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      2,685
      4,681
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      33,582
      48,259
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      8,558
      13,384
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      84,126
      101,021
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      NISSAN GROUP
       
      TOTAL VEHICLE
      DECEMBER
      DECEMBER
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      CYTD
      CYTD
      CYTD
      2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
      104,781
      148,720
      -29.5
      1,345,681
      1,493,877
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      40,904
      53,546
      -23.6
      544,146
      608,049
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      63,877
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      26
       
      307
      307
       
       
      # # #
    • By Drew Dowdell
      Nissan is forcing employees to go without pay for two days at the beginning of January 2020 by remaining closed on the 2nd and 3rd of January. The move equates to a 9.2% pay cut for those paid monthly.  In addition to the pay cuts, Nissan is cutting travel expenses by half effective immediately. All of Nissan's US operations, including Infiniti an Nissan Motor Acceptance Corp, the company's in house financing unit are included in the shut down. 
      Nissan has been plagued with falling sales in the U.S. with the entire group falling 16 percent in November. Nissan brand fell 13 percent and Infiniti fell 33 percent (You can view the industry sales figure ticker for November here). Nissan has been moving away from high volume fleet sales and cutting back on retail incentives in a drive to be more profitable. 
    • By Drew Dowdell
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      NOVEMBER
      Monthly
      CYTD
      CYTD
      CYTD
       
      2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
       
      Nissan Division Total
      83,562
      96,427
      -13.3
      1,134,435
      1,213,942
      -6.5
      Versa
      2,825
      5,122
      -44.8
      63,331
      69,074
      -8.3
      Sentra
      11,546
      12,721
      -9.2
      173,585
      195,479
      -11.2
      Altima
      16,551
      12,077
      37.0
      190,051
      192,082
      -1.1
      Maxima
      2,273
      2,530
      -10.2
      31,689
      36,737
      -13.7
      LEAF
      1,140
      1,128
      1.1
      11,138
      13,048
      -14.6
      Juke
      0
      4
      -100.0
      11
      726
      -98.5
      370Z
      159
      271
      -41.3
      2,226
      3,266
      -31.8
      GT-R
      16
      23
      -30.4
      314
      513
      -38.8
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      34,510
      33,876
      1.9
      472,345
      510,925
      -7.6
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      3,634
      4,032
      -9.9
      54,070
      17,608
      207.1
      Frontier
      4,932
      6,278
      -21.4
      67,649
      72,154
      -6.2
      Titan
      2,052
      3,845
      -46.6
      29,598
      45,798
      -35.4
      Pathfinder
      4,819
      5,404
      -10.8
      59,797
      60,751
      -1.6
      Armada
      1,754
      2,044
      -14.2
      29,077
      29,776
      -2.3
      Rogue
      23,734
      31,860
      -25.5
      323,116
      369,587
      -12.6
      Murano
      5,349
      6,552
      -18.4
      63,174
      75,514
      -16.3
      Quest
      0
      0
      n/a
      0
      3
      -100.0
      NV
      1,315
      1,321
      -0.5
      18,303
      14,889
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      1,463
      1,215
      20.4
      17,306
      16,937
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      49,052
      62,551
      -21.6
      662,090
      703,017
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      NOVEMBER
      NOVEMBER
      Monthly
      CYTD
      CYTD
      CYTD
       
      2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
       
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      9,385
      14,086
      -33.4
      106,465
      131,215
      -18.9
      Infiniti Q50
      1,967
      2,819
      -30.2
      23,822
      31,073
      -23.3
      Infiniti Q60
      500
      590
      -15.3
      4,613
      8,355
      -44.8
      Infiniti Q70
      112
      372
      -69.9
      2,462
      4,150
      -40.7
      Infiniti QX30
      52
      416
      -87.5
      3,179
      7,454
      -57.4
      Infiniti QX50
      1,723
      3,009
      -42.7
      16,801
      22,060
      -23.8
      Infiniti QX60
      3,824
      5,151
      -25.8
      39,049
      40,338
      -3.2
      Infiniti QX70
      0
      8
      -100.0
      6
      950
      -99.4
      Infiniti QX80
      1,207
      1,721
      -29.9
      16,533
      16,835
      -1.8
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      2,579
      3,781
      -31.8
      30,897
      43,578
      -29.1
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      6,806
      10,305
      -34.0
      75,568
      87,637
      -13.8
       
       
       
       
       
       
       
      NISSAN GROUP
      NOVEMBER
      NOVEMBER
      Monthly
      CYTD
      CYTD
      CYTD
        2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
       
      TOTAL VEHICLE
      92,947
      110,513
      -15.9
      1,240,900
      1,345,157
      -7.8
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      37,089
      37,657
      -1.5
      503,242
      554,503
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      Total Truck
      55,858
      72,856
      -23.3
      737,658
      790,654
      -6.7
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      26
      25
       
      282
      281
       
       
      # # #
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