NISSAN: EVS UNLIKELY TO HELP IT TURN THE PAGE PAST THE CVT ISSUE

Summary

• Nissan's long-term fortunes have been negatively impacted by factors such as the CVT automatic transmission issue in the North American market.
• The company is attempting to pivot towards electric vehicles (EVs) to regain its reputation, with EV sales growing even as total unit sales decline.
• However, Nissan may lack the resources needed to keep up with industry peers in the global EV transition, as it cannot rely on conventional car sales to subsidize losses in its EV segment.

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2023-06-01T18:50:35Z dg43tfdfdgfd