Friday, April 26, 2019
Nissan Dealers Optimistic About New Product Offerings
Patrick Dibre and his wife Dina live with their children in New Jersey. Drawing on 30 years of wholesale and retail car-dealership management experience, Patrick Dibre serves as the president and CEO of PSD Automotive Group, the holding company for a multistate, multi-franchise network of dealerships selling vehicles ranging from Volvos to Nissans.
Although concerns about the economy and high interest rates persist in the auto industry, there is a silver lining for Nissan dealers. In January, Tim Hill, chairman of the Nissan National Dealer Advisory Board, expressed optimism for the future due in part to the brand's pending rollout of new products. According to Hill, almost 70 percent of Nissan's volume of vehicles will turn over during the next two years, meaning its portfolio will be comprised of more new automobiles than most of its competitors.
In 2019, Nissan is redesigning its Sentra and Versa, as well as its Titan truck and midsize crossover Murano. In addition, it recently introduced the new LEAF, which is completely electric and capable of driving for 226 uninterrupted miles. The previous model had a driving range of 150 miles. This year's sales are expected to be driven by the sixth-generation Altima, a midsize sedan that includes features such as all-wheel drive and the ProPilot Assist semi-autonomous system.
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Patrick Dibre
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