Nissan says it will not take new US orders for Mexican-built Infiniti SUVs
- Nissan announced on April 4 that it will stop taking new U.S. Orders for the INFINITI QX50 and QX55 models due to recent tariffs imposed by President Donald Trump.
- The company plans to adapt its production strategy to manage a loss forecast of over US$500 million this financial year.
- Nissan's credit rating was downgraded to junk by Moody's Ratings because of weak profitability and slowing demand.
- The company has sufficient inventory at U.S. Retailers that is not affected by the new tariffs.
47 Articles
47 Articles
Trump tariffs ‘stick’ to Aguascalientes: Nissan suspends shipment of SUVs from Mexico to the US
Nissan decided to stop selling a pair of SUV Infiniti manufactured in the state of Aguascalientes, in Mexico on the US market, in response to President Donald Trump's extensive tariffs on car imports.The new orders for the QX50 and QX55 variants manufactured in Mexico will be suspended, according to the company based in Yokohama in a statement on Friday.It also decided to maintain the production of the Rogue model in its plant in Smyrna, Tenness…
No such thing as a ‘U.S. car,’ industry association president says
U.S. President Donald Trump has laid sweeping tariffs on the world's automotive industry to strengthen the production of U.S. cars, but one industry expert says that based on how the supply chain works, there's really no such thing.
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