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Nissan Halts U.S. Production for Canada Amid Tariff Dispute and Mounting Losses
Nissan Halts U.S. Production for Canada Amid Tariff Dispute and Mounting Losses

Yahoo

time10-07-2025

  • Automotive
  • Yahoo

Nissan Halts U.S. Production for Canada Amid Tariff Dispute and Mounting Losses

Nissan (NSANY, Financials) has stopped making three models in the U.S. that it sends to Canada: the Pathfinder, the Murano, and the Frontier. This is because of growing trade tensions between Washington and Ottawa. The company said the decision was only temporary and that it hopes talks with the government will lead to a deal shortly. Nissan didn't say when the suspension started or how long it might remain, but Japan's Nikkei stated it started in May. Canada is only a small portion of Nissan's global business, making up about 3% of its entire sales. However, the disruption shows how swiftly trade politics can affect supply networks. In Tennessee, Nissan puts together the Pathfinder and Murano, and in Mississippi, it puts together the Frontier. But the most popular cars in Canada, the Versa, Sentra, and Rogue, are made in Mexico tastefully and still make up . The bigger picture is more worrisome. Nissan is having trouble with money. The corporation lost $4.5 billion in the year ending March and has about $4.79 billion in debt that is due. Its debt's credit ratings have dropped to junk status. According to Reuters, Nissan has also asked suppliers for longer time to pay so that it can keep its cash flow. Mazda, another Japanese carmaker, has also stopped making cars in Alabama that are going to Canada and is instead making more cars for buyers in the U.S. Nissan doesn't make cars in Canada, yet last year it sold only 104,000 there. That's less than half of what it sold in Mexico and roughly one-tenth of what it sold in the U.S. But even a tiny market may be stressful when costs are going up, margins are low, and trade policy is changing. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Nissan suspends US production of three vehicle models sold in Canada
Nissan suspends US production of three vehicle models sold in Canada

Business Standard

time10-07-2025

  • Automotive
  • Business Standard

Nissan suspends US production of three vehicle models sold in Canada

Nissan said its top-selling vehicles in Canada, such as the Versa, Sentra and Rogue, were all sourced from either Mexico or Japan, accounting for 80 per cent of its Canadian sales Reuters TOKYO Nissan Motor has suspended US production of three vehicle models for Canada amid mutual tariffs imposed by the US and Canada on auto imports, the automaker said. It has halted production of Pathfinder and Murano SUVs and Frontier pickup trucks, the Japanese automaker said in a statement late on Wednesday, without saying when the suspension went into effect or how long it expected it to stay in place. "This is a short-term and temporary measure, and we remain hopeful that ongoing discussions between the US and Canadian governments will lead to a successful agreement in the near future," Nissan said in a statement. Nissan said its top-selling vehicles in Canada, such as the Versa, Sentra and Rogue, were all sourced from either Mexico or Japan, with production from those two countries accounting for 80 per cent of its Canadian sales. Nissan assembles the Pathfinder and Murano in Tennessee and the Frontier in Mississippi. The Trump administration imposed 25 per cent additional tariffs on auto imports in April, prompting Canada to implement retaliatory tariffs. Mazda Motor also halted Canada-bound production at its Alabama plant while boosting production for the US market, the company said in May. While Canada is a relatively small market for Nissan, the suspension underscores the difficulty facing global automakers from the tariffs. The levies have also added to a deepening crisis at Nissan, which has been badly hit by deteriorating sales and an ageing vehicle lineup. It reported a $4.5 billion net loss in the financial year that ended in March and has declined to disclose a forecast for the current financial year, when it also faces some 700 billion yen ($4.79 billion) in debt coming due. Its debt ratings have been cut to "junk" by all three major credit-rating firms. Reuters reported last month that the automaker has asked some suppliers to allow it to delay payments to free up short-term funds, in a sign of its scramble to boost cash. Nissan does not have factories in Canada. In the last financial year it sold around 104,000 vehicles there, less than half of what it sold in Mexico and a little more than 10 per cent of what it sold in the United States. Overall, Canada accounted for just 3 per cent of Nissan's global sales in the last financial year.

Nissan Launches Killer Sentra Lease Offer for July
Nissan Launches Killer Sentra Lease Offer for July

Miami Herald

time05-07-2025

  • Automotive
  • Miami Herald

Nissan Launches Killer Sentra Lease Offer for July

The 2025 Nissan Sentra has never pretended to be a performance car. It's not especially fast, and it doesn't handle with much excitement. But for everyday drivers looking for an affordable, comfortable, and well-equipped small sedan, it's long been a strong contender. Now, thanks to a new lease offer from Nissan, it's one of the best bargains you can find in July. With gas prices still bouncing around and interest rates keeping new car loans high, leasing a compact car like the Sentra is a smart way to keep monthly costs down without settling for something stripped-down or outdated. This month, Nissan is offering the 2025 Sentra SV for just $239 per month on a 39-month lease. The deal requires $3,239 due at signing, not including taxes or fees, and it applies to vehicles equipped with splash guards and carpeted floor mats. You should find that deal in most major cities across the country, but exact figures can vary, so make sure to check with your local dealership if you're interested in the lease offer. While the down payment might feel steep for a compact car, the low monthly rate helps even things out over time. With many compact crossovers and rival sedans pushing well above $300 a month on comparable leases, this one stands out. Nissan's lease deal applies to the Sentra SV, the mid-level trim that balances affordability with added features. While the base model is fairly spartan, the SV trim brings in welcome upgrades like adaptive cruise control, reverse automatic emergency braking, and an 8-inch touchscreen display. The front and rear seats are surprisingly supportive, with quality materials that punch above the car's price point. You also get modern essentials like Bluetooth connectivity and automatic climate control. It's not perfect-the infotainment system can feel laggy, and the 2.0-liter engine doesn't offer much punch-but for daily commuting and city driving, the Sentra gets the job done with ease. What the Sentra lacks in excitement, it makes up for in usability. It's easy to drive, easy to park, and offers a quiet ride that's more refined than you might expect. Fuel economy is competitive for the class, and the safety tech included on the SV trim helps it feel more modern than some older competitors still using barebones equipment lists. The interior, while not flashy, is thoughtfully designed and relatively spacious for a compact sedan. You won't find luxury-grade materials, but the quality and comfort are better than average in this segment. If you're looking for a new car this summer and want to keep your monthly costs low without ending up in something bare or outdated, the 2025 Nissan Sentra SV should be on your radar. This lease offer makes it one of the most accessible and practical cars on the market right now. *Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle. Copyright 2025 The Arena Group, Inc. All Rights Reserved.

'Missiles Are Landing In The Heart Of Israeli High Tech' Says CEO But $200M-Backed Startups Dream And Sentra Stay Operational
'Missiles Are Landing In The Heart Of Israeli High Tech' Says CEO But $200M-Backed Startups Dream And Sentra Stay Operational

Yahoo

time23-06-2025

  • Business
  • Yahoo

'Missiles Are Landing In The Heart Of Israeli High Tech' Says CEO But $200M-Backed Startups Dream And Sentra Stay Operational

In early June, a missile struck the apartment of Ron Reiter, co-founder and chief technology officer of cybersecurity startup Sentra, just five minutes from the company's new headquarters in Tel Aviv. Several floors of the 44-story building were destroyed, but Sentra's operations have remained active, The Wall Street Journal reports. Founded to protect cloud data across AI and software as a service environments, Sentra announced in April that it raised over $100 million from investors including Key1 Capital and Bessemer Venture Partners, following a more than 300% year-over-year revenue increase and the addition of several new Fortune 500 clients. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can Unlike traditional infrastructure-dependent solutions, Sentra states it offers a unique protection layer that helps enterprises scale data security across multi-cloud and AI-driven environments, aligning with fast-changing business needs and complex enterprise demands. In June, Sentra announced it was named a Customers' Choice in the 2025 Gartner Peer Insights "Voice of the Customer for Data Security Posture Management" report, earning a 4.9 out of 5.0 overall rating. Customers praised its speed, clarity, and ability to identify abandoned sensitive data. Cybersecurity-AI startup Dream in February that it closed a $100 million Series B round led by Bain Capital Ventures with participation from Aleph, Tau Capital, Tru Arrow, and Group 11 at a $1.1 billion valuation. CEO Shalev Hulio, a former NSO Group co-founder is also a commander in the Israel Defense Forces' search-and-rescue reserves. The Journal says that during the recent wave of conflict, Hulio was called up for military duty and has been balancing field operations with company leadership, holding team meetings each morning and customer calls in the evenings, while nearly 30 of Dream's 220 employees have also been deployed. Trending: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. "Missiles are landing in the heart of Israeli high tech," Hulio told The Journal. Tel Aviv, one of the world's leading startup ecosystems, has been a frequent target in the ongoing conflict, and five of Dream's employees have lost access to their homes due to nearby blast damage. Despite these conditions, the company reports that business operations have continued with minimal disruption. Dream's proprietary cyber language model, a suite of AI models trained to simulate attacker and defender behavior, was developed to help governments and national cybersecurity organizations automate threat detection and response, the company said in its funding announcement. Adi Levanon, founder and managing partner of early-stage investor Selah Ventures, continues negotiating deals while working from a reinforced room at her parents' house outside Tel Aviv, The Journal reports. "It's very hard. But from a [venture capitalist's] perspective, I'm even continuing [due diligence] and negotiations on a deal that I've been working on before this started; the founder and myself have been continuously texting and closing loose ends," Levanon told The Journal. According to its website, Selah Ventures backs fintech startups in areas such as compliance, identity, GenAI, and privacy Journal reports that Rafael Gold, managing general partner at VentureIsrael, has been operating from a bomb shelter as well. Though flagship conferences like AI Week have been postponed, founders and investors continue pushing forward. "Those conferences are big networking hubs for us, so it's disappointing, but in the grand scheme it's no drama," Gold told The Journal. According to Dealroom, Israel is home to more than 4,500 venture-backed startups, most of which have adapted to conflict-driven disruption with speed and flexibility. In 2024, the country recorded more than $100 million in cybersecurity funding and over $414 million in enterprise software. Jon Medved, CEO of OurCrowd, a Jerusalem-based investment startup, told The Journal that the "founders are showing grit, teams are focused, and we're still seeing new investments close across sectors from AI to climate tech." Israel's technology sector continues to operate under emergency conditions, with founders, investors, and teams adapting operations to maintain business continuity. Read Next: How do billionaires pay less in income tax than you?. Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article 'Missiles Are Landing In The Heart Of Israeli High Tech' Says CEO But $200M-Backed Startups Dream And Sentra Stay Operational originally appeared on © 2025 Benzinga does not provide investment advice. 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Nissan Launches Killer Sentra Lease Offer for June
Nissan Launches Killer Sentra Lease Offer for June

Miami Herald

time19-06-2025

  • Automotive
  • Miami Herald

Nissan Launches Killer Sentra Lease Offer for June

Amid a summer full of rising lease prices-Nissan included-one name in the lineup still stands out: the 2025 Sentra SV. While the brand has hiked signing costs on popular models like the Kicks, Rogue, and Altima, and demands over $6,000 up front for the Murano or Pathfinder, the compact Sentra continues to offer one of the most approachable new-car leases available. The Sentra has always played the value card well, and in 2025, it doubles down on it. The SV trim, recommended for its added tech and comfort, adds Apple CarPlay and Android Auto, dual-zone climate control, and access to the NissanConnect infotainment system with a Wi-Fi hotspot. And now, it's more affordable than ever. For $209 per month for 39 months with $3,259 due at signing, the Sentra SV offers one of the lowest monthly payments for any gas-powered car or crossover on the market. With a total lease mileage of 32,500 miles, it's a compelling package for budget-conscious shoppers who need practical, fuel-efficient daily transportation. If you want a little more style and luxury, Nissan's got an answer there, too. The Sentra SR, with its sharp-looking two-tone paint, 18-inch wheels, and available quilted leather interior, is available for $319/month. While that is a fairly large jump, it's still notably cheaper than most compact crossovers or hybrid sedans, and the upgrades do bring a touch of premium feel to an otherwise budget-friendly ride. The SR trim also adds LED headlights, a sportier exterior design, and access to more tech options, including an 8.0-inch touchscreen and premium Bose audio. These extras don't just look good on paper-they elevate the Sentra from a basic commuter to something that actually feels a little upscale inside. It's still the same practical car underneath, but with a more refined edge that's rare in this price range. The 2025 Sentra may not be the most thrilling car to drive, given that its 149-hp engine and CVT are more focused on economy than excitement, but it's quiet, comfortable, and equipped with class-leading safety tech. With EPA ratings of up to 34 mpg combined, supportive front seats, and a spacious 14-cubic-foot trunk, it covers all the basics and then some. If you're shopping for a new daily driver under $250 a month, this summer lease may be hard to beat. Even in a segment filled with great options, the Sentra SV makes a strong case for best overall value. *Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle. Copyright 2025 The Arena Group, Inc. All Rights Reserved.

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