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Rebates, employee pricing, and 0% financing boosted sales but drained the automaker's cash reserves. The subprime mortgage crisis and high oil prices of 2008 caused the popularity of once best-selling trucks and SUVs to plummet. Automakers were forced to continue offering heavy incentives to help clear excess inventory. [90]
The publication noted that the car took 37.5 seconds to go from 0–60 MPH, it was dangerously structurally deficient in a 30MPH crash test with a standard car, and its bumpers were "virtually useless against anything more formidable than a watermelon", all of which made the publication deem the 360 "unacceptably hazardous". [40]
In December 2010, Mitsubishi and Nissan agreed to form a joint venture (later named "NMKV Co., Ltd.") to develop kei cars for the Japanese market. [58] In 2016, Nissan uncovered evidence that Mitsubishi's fuel-economy testing numbers were erroneous and had been erroneous since the start of the venture, affecting 625,000 cars produced by NMKV ...
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Nissan Cabstar (日産・キャブスター Nissan Kyabusutā) is the name used in Japan for two lines of pickup trucks and light commercial vehicles sold by Nissan and built by UD Nissan Diesel, a Volvo AB company and by Renault-Nissan Alliance for the European market. The name originated with the 1968 Datsun Cabstar, but this was gradually ...
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The first generation Nissan Leaf was in production from 2010 to 2017. It was unveiled on 1 August 2009 [3] as the world's first series produced battery electric vehicle. [4] Before it officially commenced production, Nissan developed three prototype battery electric vehicles—dubbed the EV-01, EV-02 and EV-11.