inlinesix Supersonic May 29, 2020 Share May 29, 2020 Quote Nissan reports US$6.2bn annual net loss, worst in 20 years https://asia.nikkei.com/Business/Automobiles/Nissan-reports-6.2bn-annual-net-loss-worst-in-20-years ↡ Advertisement Link to post Share on other sites More sharing options...
QQDreamer 4th Gear May 29, 2020 Share May 29, 2020 1 hour ago, inlinesix said: https://asia.nikkei.com/Business/Automobiles/Nissan-reports-6.2bn-annual-net-loss-worst-in-20-years oh dear, this doesnt look good. we we see TC close shop given this situation. Link to post Share on other sites More sharing options...
Yewheng Twincharged May 29, 2020 Share May 29, 2020 Let's say Nissan went bankrupt.. What will happen to those who is still currently driving Nissan cars? Like those that still under warranty, will warranty still be covered? Then insurance how? No more original car parts coz went bankrupt and need aftermarket part and then insurance will cover for aftermarket part repair? Link to post Share on other sites More sharing options...
Brass 6th Gear May 29, 2020 Share May 29, 2020 1 hour ago, StreamRSZ said: oh dear, this doesnt look good. we we see TC close shop given this situation. I think ah seng aquarium can still be open for business as usual... 1 Link to post Share on other sites More sharing options...
QQDreamer 4th Gear May 29, 2020 Share May 29, 2020 7 hours ago, Yewheng said: Let's say Nissan went bankrupt.. What will happen to those who is still currently driving Nissan cars? Like those that still under warranty, will warranty still be covered? Then insurance how? No more original car parts coz went bankrupt and need aftermarket part and then insurance will cover for aftermarket part repair? not too sure man. but can always import in from other countries for the parts. anyway i thought nissan was bought over by renault? unless renault is parting ways with nissan. anyway nissan is not doing well even before covid19 starts already. so this is a concern also if nissan really goes bankrupt. i think most owners owning one will want to quickly sell theirs off? hopefully this is not the case for nissan bankruptcy. Link to post Share on other sites More sharing options...
Mkl22 Twincharged May 30, 2020 Share May 30, 2020 9 hours ago, Yewheng said: Let's say Nissan went bankrupt.. What will happen to those who is still currently driving Nissan cars? Like those that still under warranty, will warranty still be covered? Then insurance how? No more original car parts coz went bankrupt and need aftermarket part and then insurance will cover for aftermarket part repair? parts are made by other manufacturers. as long as there is demand, parts will always be made. 3 Link to post Share on other sites More sharing options...
Watwheels Supersonic May 30, 2020 Share May 30, 2020 They survived quite a few rounds of financial difficulties. https://asia.nikkei.com/Business/Automobiles/Nissan-reports-6.2bn-annual-net-loss-worst-in-20-years They need to contract and reduce capacity to cut operation cost. Link to post Share on other sites More sharing options...
ER-3682 Twincharged May 30, 2020 Share May 30, 2020 (edited) 12 hours ago, StreamRSZ said: oh dear, this doesnt look good. we we see TC close shop given this situation. Tan Chong is a very Big Group,won't Close Shop,even Nissan fold up,Nissan Fold up,it is none of Tan Chong's Business,they can easily get another Brand of Car to Sell..Anyway,Tan Chong also never bring in alot of Models...only some ''boring'' Models. Edited May 30, 2020 by ER-3682 1 Link to post Share on other sites More sharing options...
QQDreamer 4th Gear May 30, 2020 Share May 30, 2020 4 hours ago, ER-3682 said: Tan Chong is a very Big Group,won't Close Shop,even Nissan fold up,Nissan Fold up,it is none of Tan Chong's Business,they can easily get another Brand of Car to Sell..Anyway,Tan Chong also never bring in alot of Models...only some ''boring'' Models. yes, you are right. TC is just a authorized dealer for nissan vehicle. yea i agree TC only bring in boring models and that goes back to nissan, manufacturing boring B&B models. Link to post Share on other sites More sharing options...
ER-3682 Twincharged May 30, 2020 Share May 30, 2020 Anyway,Tan Chong already make alot of Money selling Nissan,Cars,Vans & Lorries...From the best seller Sunny to Cabstar Lorries.... 1 Link to post Share on other sites More sharing options...
QQDreamer 4th Gear May 30, 2020 Share May 30, 2020 6 minutes ago, ER-3682 said: Anyway,Tan Chong already make alot of Money selling Nissan,Cars,Vans & Lorries...From the best seller Sunny to Cabstar Lorries.... i thot van and lorrys are from PI? Link to post Share on other sites More sharing options...
Brass 6th Gear May 30, 2020 Share May 30, 2020 1 hour ago, StreamRSZ said: i thot van and lorrys are from PI? Many PI are somehow resellers. The only attractive van they have now is the NV350. Who the heck wants petrol powered Cabstar or even NV 200, if possible? Petrol is expensive and non-deductible as company expenses. Moreover petrol is less efficient and durable than diesel. Triple whammy. When TC introduced only petrol versions, they should be prepared to goodbye to their sales. Link to post Share on other sites More sharing options...
Silver_blade Turbocharged May 30, 2020 Share May 30, 2020 10 hours ago, ER-3682 said: Tan Chong is a very Big Group,won't Close Shop,even Nissan fold up,Nissan Fold up,it is none of Tan Chong's Business,they can easily get another Brand of Car to Sell..Anyway,Tan Chong also never bring in alot of Models...only some ''boring'' Models. True, car biz is not the main biz for Tan Chong Group. They are into properties, service apartments, etc too. 1 Link to post Share on other sites More sharing options...
Silver_blade Turbocharged May 30, 2020 Share May 30, 2020 10 hours ago, Mkl22 said: parts are made by other manufacturers. as long as there is demand, parts will always be made. Parts will not be an issue at least for the next 10-15yrs. Just like what happened to Rover and Saab. Still can get parts...just need time to ship in. Link to post Share on other sites More sharing options...
ER-3682 Twincharged May 30, 2020 Share May 30, 2020 1 hour ago, StreamRSZ said: i thot van and lorrys are from PI? My Company have a NV350 & 2 Cabstars Lorries from Tan Chong,only last Year,they bought in the Petrol Lorries,which is very poor Sales to them,Nissan does not want to make a Euro 5 Diesel Lorry for such a small Market... Link to post Share on other sites More sharing options...
Sdf4786k Twincharged May 30, 2020 Share May 30, 2020 On 5/27/2020 at 11:09 PM, kobayashiGT said: Still can buy. Even if they really bye bye, I think Japan govt will bail them out one. Probably nissan and mazda need to merge for jap govt to pump in the money for it to make sense. Link to post Share on other sites More sharing options...
Voodooman Supersonic May 30, 2020 Share May 30, 2020 1 hour ago, Sdf4786k said: Probably nissan and mazda need to merge for jap govt to pump in the money for it to make sense. This is a volume game, the smaller players must merge and share cost to survive. Mazda and Nissan? Care to share your source? Link to post Share on other sites More sharing options...
Sdf4786k Twincharged May 31, 2020 Share May 31, 2020 (edited) 17 hours ago, Voodooman said: This is a volume game, the smaller players must merge and share cost to survive. Mazda and Nissan? Care to share your source? No source. Just that these 2 were recently mention on financial brink of collapse. Previuosly ford came to the rescue for mazda, volvo, jag, Unless renault and nissan renew their breakup, its going to be hard to imagine who else would be a good partner. On a worst case scenerio, the korean may want a piece of the pie. All above are speculation. Edited May 31, 2020 by Sdf4786k ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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