(12-12-2024, 07:31 PM)harm_less Wrote:Yes I've been following the electric viking on the subject, I know he is a bit biased, but he has been covering the issues Nissan is in for some time.(12-12-2024, 10:56 AM)nzoomed Wrote: And Japan's car industry is not in the greatest shape either.Legacy car makers in general are in trouble. Nissan has stated they may be finished within 12 months, Toyota keep delaying any meaningful EV production and promoting hydrogen fuel cell tech, Ford aren't in great shape, Stellantis are dropping makes as they become stranded assets, and the Chinese continue to increase production of ever cheaper EVs and shun European makes in their huge domestic market.
I see that there have been numerous strikes and factory closures at Volkswagen, which is a shame because their EVs appeared to be a good competitor to Tesla, however I have heard they were not without their faults.
https://www.dw.com/en/volkswagen-furious...a-71005834
The fossil fuel vehicle makers have denied the threat of EVs for over a decade and they are now seeing the impact of their ignorance, with many likely to be as irrelevant as Kodak within the next few years. It happened to Blackberry, Motorola, Nokia, bricks and mortar retail and the auto industry is no different.
Toyota seem to be distracted with hydrogen for some time now and only recently have they put an EV on the market.
It seems that most legacy automakers have been caught off guard when tesla come along, but ironically Nissan had a head start with the leaf.
I'm loosing track of the huge number of Chinese brands hitting the market, at least they have largely been able to adapt to electric rather well, although some brands have gone under over there.
I think china will fill the gap in the market, particularly with making a more affordable vehicle, but I do question the quality of some of their cars.
My neighbors MG was nice to drive when he let me take it for a spin, but was plagued with all sorts of issues and he ended up selling it.
(12-12-2024, 08:49 PM)Zurdo Wrote: KTM have gone broke recently, 2.5 billion Euros, serious stuff.That's a bit of a surprise, didn't think a dirt bike brand would be affected by all of this.