Non-'Luxury' Cars Have Basically Stopped Existing, Thanks to the K-Shaped Economy [Yahoo! Finance]
NISSAN MOTOR LTD S/ADR (NSANY)
US:NASDAQ Investor Relations:
nissan-global.com/en/ir
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Source: Yahoo! Finance
discontinuing its smallest and most affordable model of sedan, the Nissan Versa. It was not exactly mourned by the types of auto hobbyists who read car magazines: If you'd ever driven a Versa rental car, you'd probably understand. It was a tiny thing even by subcompact standards, and not rich in features, style or horsepower. But what it was , was a relatively cheap and affordable new sedan you could purchase in the United States. And that has now become an essentially extinct thing. With the death of the Nissan Versa, there is now not a single new car in the U.S. that has a sticker price—even for a base model, with no frills—of less than $20,000. The Versa was the last, with its $18,585 base price for the 2025 model clocking in notably lower than any other vehicle positioned at the value side of the market. The next cheapest cars from Nissan, for instance, are the Sentra sedan or the Kicks compact SUV, and you can expect to pay at least $23,000, if not more, for a new one of either
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