NSANF News and Press, Nissan Motor Co. Ltd. From 11/03/22

Summary Global electric car sales Sept. 2022 >1m, up 51% YoY to 17% share. China sales up 78% YoY to 35% share. Europe up 7% YoY to 24% share. US ~6% share. EV market news - DoE awards $2.8B of grants to supercharge U.S. manufacturing of batteries for EVs/grid. EU signs provisi...

Summary Renault CEO flies to Tokyo to decide Nissan's future alliance. Nissan could revert its alliance's internal power. Nissan's no to the Geely deal is likely. Despite the French company's good results, we remain neutral. This is not the first time that we are com...

Nissan Motor ( OTCPK:NSANY ) will book a loss of about $687M from the sale of its business in Russia to a state-owned entity Moscow-based Central Research and Development Automobile Engine Institute for €1 - Reuters . The deal will give Nissan the righ...

Summary Despite undeniable challenges for all auto manufacturers, Subaru remains an attractive recovery story. Foreign currency markets and supply chain issues remain risk factors and will persist for the medium term. While we would not recommend an overweight allocation to th...

Summary Global electric car sales August 2022 - Up 60% YoY to 15% share. China sales up 92% YoY to 30% share. Europe up 3% YoY to 21% share. US ~6% share. EV market news - BloombergNEF: More than half of US car sales will be electric by 2030. IEA: Global "EVs to account for 60% of...

Nissan Group ( OTCPK:NSANY ) ( OTCPK:NSANF ) Q3 total US sales slammed 22.6% to 154,086 units. Bifurcating: Total Car Sales were 53183, down 17.4% and total Truck sales were 100,903, down 25%. Detailing: Altima is up 102.6% Y/Y; Frontier is up 13% Y/Y;  A...

Summary The reimagined 2022 Detroit Auto Show, also known as the North American International Auto Show, finished its media and industry days with limited automakers and brands participating after a three-year hiatus in the city. Ford, General Motors and Stellantis each took up re...

Summary The dividend was restored and FCF is estimated to turn positive in H2. The Yen is at the lowest rate compared to the US dollar and might benefit export companies such as Nissan Motor Co. Nissan's outlook was unchanged and so is our neutral rating. Last time, ...

Summary Nissan Motor Co., Ltd. has seen pressures on production as a result of a global chip shortage and other supply chain issues. The Chinese market could provide a source of longer-term growth. However, domestic competition in China is also increasing. I take the view ...

Summary Tesla's title as king of the EV hill appears to be numbered in months. By 2024, serious competition, especially on price and warranties will likely plummet company market share. If Tesla is forced to slash prices to stay in business, income will disappear, and the stoc...