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Nissan pulls out of Detroit and Chicago auto shows

Old Nov 25, 2008 | 10:10 AM
  #16  
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Here is how one publication reported it…

Here is how one publication reported it…

Nissan Pulls Out of Auto Shows in Detroit, Chicago

Nissan Motor Co. is withdrawing from the Detroit and Chicago auto shows because the economic slump has tightened marketing budgets and the company has no major product launches in the near future. The decision "is not a commentary on auto shows or any cities," Alan Buddendeck, a Nissan spokesman, told the Wall Street Journal. "When we looked closely we determined that this is not the best place to put our marketing dollars" given current market conditions, he added. Nissan, based in Japan, launched three products at the Los Angeles auto show last week, including the boxy Cube and the 370Z sports car.

Auto companies are slashing marketing budgets in an effort to counter falling income from sales. Several other auto manufacturers have decided to forgo the Detroit show, including Porsche and Mitsubishi. General Motors on Monday said it was severing its nine-year relationship with golfer Tiger Woods as a pitchman for its Buick brand.
Old Nov 25, 2008 | 10:16 AM
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I would have liked to see the 370Z in person at the Chicago Auto show. Hopefully there will be a Solstice Coupe at the show.
Old Nov 25, 2008 | 10:23 AM
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Originally Posted by Raven99
I would have liked to see the 370Z in person at the Chicago Auto show. Hopefully there will be a Solstice Coupe at the show.
You should be able to see (and drive) a new Z at a dealership either by the time the Detroit auto show starts or within a few days of it - the Z goes on sale in January.
Old Nov 25, 2008 | 10:46 AM
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Originally Posted by 99SilverSS
I wonder if Nissan just felt that in the current economy and for the potential sales in the Midwest for them it wasn't worth the cost. In the end I think it's a mistake not to show up.
I agree. People in Toronto buy their Altimas and Maximas, they like even the 2-door abomination version of the Altima. Altimas are great no-frills cars. Front-wheel drive makes them well suited for our winters.

I think that people would move from other more expensive cars to simpler cars with the economy downturning.
Old Nov 25, 2008 | 10:55 AM
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It's likely the manufacturers that have pulled out have weighed the plus and negative side of this.

I suspect that Nissan, by pulling out, will garner more press through their absence than they would by being there.

It's an interesting gamble as I have noted more mainstream press from the USA and Europe covering the autoshows. It's a huge opportunity to pass on.

Auto shows are not just about car releases. The percentages of attendees who are seriously intentional purchasers trying to shop in a low pressure atmosphere is significant.

There is a risk side to such a play... I'm not sure it's a good idea to state you are going to pass on THE MAJOR american auto show as well as another of the majors because you don't have anything "new" to show and you don't think it's worth the money to let folks compare your vehicles to other's under the same roof...

Apparently they see this as a wise choice.
Old Nov 25, 2008 | 01:29 PM
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Looks like Nissan is in bad shape.

I expect them to be bankrupt soon.

Old Nov 25, 2008 | 02:12 PM
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Actually, how HAS been Nissan doing? I thought they were in financially dire times for a number of years now, and merger with Renault was supposed to help out. I didn't hear any updates since. I was under the impression that Nissan was still not making money even after the merger.

Anyone care to update?
Old Nov 25, 2008 | 02:30 PM
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I know that they are having or will have layoffs at the plant in Jackson.
Old Nov 25, 2008 | 03:13 PM
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Originally Posted by seawolf06
I know that they are having or will have layoffs at the plant in Jackson.
You know? How do you "know" that?
Old Nov 25, 2008 | 03:17 PM
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Originally Posted by Robert_Nashville
You know? How do you "know" that?
A guy I work with, his son works there. It may not be "layoffs", but he said they were having cutbacks.
Old Nov 25, 2008 | 03:22 PM
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Originally Posted by muckz
Actually, how HAS been Nissan doing? I thought they were in financially dire times for a number of years now, and merger with Renault was supposed to help out. I didn't hear any updates since. I was under the impression that Nissan was still not making money even after the merger.

Anyone care to update?
Nissan has done exceptionally well since Mr. Ghosn took control and there are lots of sites (including Nissan's own annual reports) where anyone can see for themselves.

Last edited by Robert_Nashville; Nov 25, 2008 at 10:25 PM.
Old Nov 25, 2008 | 03:24 PM
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Originally Posted by seawolf06
A guy I work with, his son works there. It may not be "layoffs", but he said they were having cutbacks.
Nissan has never laid off an employee nor are they likely to start.

I suspect your guy's son is either a temp or he's talking about the reduction in production days.
Old Nov 25, 2008 | 03:35 PM
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Originally Posted by Robert_Nashville
Nissan has never laid off an employee nor are they likely to start.

I suspect your guy's son is either a temp or he's talking about the reduction in production days.
Never say Never.

http://blog.pricewheels.com/2008/10/...-1600-workers/
Old Nov 25, 2008 | 03:38 PM
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Originally Posted by Robert_Nashville
Nissan has never laid off an employee nor are they likely to start.
So what will Nissan do with all the extra labor when sales drop 20-25% in 2009?
Old Nov 25, 2008 | 03:45 PM
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Originally Posted by Z28x
So what will Nissan do with all the extra labor when sales drop 20-25% in 2009?
I love it when people throw around figures...20-25% from "what" exactly?

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