Nissan Versa Is Small Bright Spot Amid Nissan’s Corporate Woes
After a largely successful 4 year product revision cycle including solid selling models like the Titan, Murano, Maxima, Altima, Rogue and the launch of the Kicks small crossover and the fiery GTR super car, Nissan is in chaos even as it unveils an impressive new version of its Versa subcompact sedan.
Nissan is facing a 13% earnings plunge following the 9 month drama over the jailing of its former CEO and Chairman Carlos Ghosn in Japan, on financial charges that in the US would be negotiated white collar settlements.
Despite resulting 9% global workforce reductions, Nissan plants in Tennessee and Mississippi are not expected to experience layoffs.
Though the just introduced Versa entry level sedan will have little impact on the big picture for Nissan, it does offer some serious value for car buyers seeking relief from the historic run-up in new car prices.
Costing just under $20,000, the new third generation Nissan Versa is lower, longer and wider accentuating its sedan design, borrowing cues from its larger siblings like the popular Altima, and offering premium interiors, tech and the impressive Nissan Safety Shield 360 package.