Nissan US chief says tariffs will hammer lower-income car shoppers

Nissan chief vows to 'max out' US factory & make new SUVs after axing top-seller

PRODUCTION at one of America’s biggest auto plants is about to hit overdrive. Nissan plans to ramp up production at its massive Tennessee plant and roll out two new SUVs. GettyNissan CEO Christian Meunier plans to max out US factory production (stock image)[/caption] GettyMeunier said the company is adjusting production away from Mexico and Japan to avoid tariffs (stock image)[/caption] GettyNissan has plans to reduce production of its top-selli…

Declining Detroit Three competitiveness, not free trade, to blame for plant closings, job losses

WILMINGTON, CALIFORNIA - APRIL 03: New Nissan cars are driven onto a rail car to be transported from an automobile processing terminal located at the Port of Los Angeles on April 3, 2024 in Wilmington, California. The Japanese automotive maker is being impacted by President Trump’s new 25 percent imported automobile tariffs. (Photo by Mario Tama/Getty Images)I’m old enough to remember when hundreds of thousands of Buicks, Mercurys, Oldsmobiles, …

The president of Nissan Americas, Christian Meunier, said Wednesday that he is concerned that tariffs can increase the prices of vehicles, which are already skyrocketing. "Cars are becoming completely unaffordable," Meunier told Reuters. "It's not fair for the middle class or the lower class, people who can't afford a car, force them to buy a used one (...) I think it's also the Government's responsibility to keep the possibility of people buyin…

Nissan aims to 'max out' U.S. production plant amid Trump's tariffs

Nissan 6-million-square-foot facility in Smyrna, Tennessee, is capable of producing 640,000 vehicles a year on three shifts, Meunier said.

Nissan US chief says tariffs will hammer lower-income car shoppers

DETROIT : The chairman of Nissan Americas, Christian Meunier, said on Wednesday he is concerned that tariffs may drive already eye-popping vehicle prices even higher.“Cars are becoming completely unaffordable,” Meunier told Reuters. "It's not fair for the middle class or the lower class, the people th

Manufacturers Meet to Address Key Issues

Tariffs, taxes, energy and regulation are the most pressing issues facing American manufacturers in 2025, a national expert told the inaugural meeting of the AIM Manufacturing Community yesterday. Michael Davin, Director of Energy & Resources Policy at the National Association of Manufacturers (NAM), said that business advocates are working to develop economic development strategies despite unprecedented political uncertainty. “Our members requi…