These Automakers Are Going OUT OF BUSINESS | Episode 934
About this episode
A deep dive into the struggles facing several automakers, particularly Jaguar Land Rover, which is seeking a $2.7 billion lifeline due to a cyber attack and production halts. The discussion also covers Nissan and Mitsubishi's declining sales and financial woes, alongside the broader implications for the automotive industry as suppliers face bankruptcy. The hosts emphasize the interconnectedness of affordability, consumer sentiment, and the need for manufacturers to pivot towards producing more affordable vehicles rather than relying on subprime lending strategies.
Nissan Arias
"... point around EVs. They stopped production of the Nissan Arias saying they're going to pause production of that."
Ford F150S
"We sort of kind of had a conversation you and I earlier today in regards, and we touched on this last week that Ford has decided in an effort to sell more F-150s in the third quarter, that they would ease lending guidelines for people with lower credit tiers, even"
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