Hyperdrive
Nissan Is Awash in Outdated Models as Car Buyers Look Elsewhere
- Most popular models only have a wait time of about two months
- Dearth of new options linked with poor sales in US, China
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Waiting times for Nissan Motor Co. cars in Japan have shrunk far below those of other local brands, the latest sign of weak customer demand threatening to worsen the carmaker’s slumping profits.
While the country’s other major carmakers take half a year or longer to ship a new vehicle in Japan, many of Nissan’s most popular models can be delivered within a month or two. Similar dynamics are also playing out in the US, where inventory levels are typically higher: Nissan had an average of 109 days’ supply in October, well above the industry average of 85 days and Toyota Motor Corp.’s 35 days, according to market researcher Cox Automotive.