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It’s official: year-end deals have arrived early. Black Friday 2024 is shaping up to be one of the best times in years to find unbeatable deals on new cars and trucks. Manufacturers and dealerships are eager to move out remaining 2024 models before the new year, so they’re bringing the best incentives to the table. Whether you’re searching for a 3-row SUV, a full-size truck, or a top-rated EV, these top 10 Black Friday car deals are worth the test drive.
There’s an abundance of great offers right now, but don’t feel pressured to decide today. December is right around the corner, and that’s universally known as the best time to buy a car. The deals WILL continue.
In fact, as you may have noticed, several of these Black Friday deals don’t expire until the first week of 2025. In other words, automakers are rolling out the best they’ve got a whole month early. That means car shoppers have some flexibility with their purchasing timeline.
If you’ve been waiting for electric vehicle prices to drop, Black Friday 2024 is here to make it happen. Black Friday EV deals include zero percent financing, cash incentives, and cheap lease offers. Ford, Kia, GM, and even Tesla are advertising special offers. Here’s a look at the 5 best Black Friday EV deals available this month.
Black Friday’s abundance of deals on electric vehicles is a prime example of supply and demand. Automakers who produced too many EVs for the 2024 model year now have an oversupply of stock on their hands. This is actually great news for EV shoppers this Black Friday.
Year-end EV sales are just getting started. If you’re not seeing the deal you’re after this Black Friday, know that December 2024 will bring even more discounts. Stay tuned to CarEdge Deals for the latest updates and expert tips on getting the best EV deals this year-end sale season.
Black Friday 2024 is shaping up to be a great time to drive home a deal on a new SUV or crossover. Automakers are rolling out impressive incentives, including 0% APR financing, cash discounts, and lease offers. From compact crossovers to 3-row SUVs for families, there are plenty of deals out there for November. Here’s a look at the 5 best Black Friday SUV deals worth the test drive before November 29th arrives.
With high inventory levels across many popular models, Black Friday 2024 is shaping up to be a prime time to find an SUV deal. Whether you’re interested in an electric SUV with zero-percent financing, a gas-powered crossover, or the spacious Ford Expedition, the deals are out there.
And remember, if you don’t find the perfect offer on Black Friday, year-end sales in December will bring even more opportunities. Stay tuned to CarEdge Deals for the latest updates and expert tips on getting the best SUV deals this season.
Not convinced that Black Friday 2024 will be a good time to score a deal on a truck? Consider this – out of all 480,000 new full-size trucks on sale in November, 63% are remaining 2024 models. In fact, there are even 8,800 new 2023s still on sale. It’s no surprise then that trucks are available with low APR financing in November, and cash incentives of up to $6,000 are common. Here’s a closer look at the top Black Friday truck deals, highlighting the best financing specials, cash-back offers, and most negotiable models.
With such high inventory levels, Black Friday 2024 is shaping up to be an excellent time to buy a truck. Whether you’re eyeing a Ram 1500 with low-APR financing, a GMC Sierra with big cash incentives, or a Nissan Titan with high negotiability, there’s a deal for every truck shopper.
Don’t forget, year-end sales are right around the corner, so if you miss Black Friday, even more opportunities will be waiting in December. Stay tuned to CarEdge Deals for the latest updates and tips on how to negotiate the best truck deals this season.
In a dramatic turn for the automaker, Nissan Motor Company CEO Makoto Uchida, recently announced sweeping cost-cutting measures in response to a steep drop in profits and sales in 2024. Describing the situation as “emergency mode,” Nissan is implementing an aggressive series of cutbacks to stave off further losses. The CEO is going as far as taking a massive pay cut to show his commitment. Here’s a closer look at the company’s dire situation, and what Nissan’s future could look like in the American car market.
Major Cutbacks and Restructuring to Save $3 Billion
On November 7, 2024, Nissan announced that it would be cutting 9,000 jobs and reducing its global production capacity by 20%, aiming to streamline operations and save $3 billion. These actions follow a lowered annual profit outlook, a forecasted 74% decline in operating profit, and a sales projection that’s down 1.2% from 2023.
Nissan is also selling nearly a third of its stake in alliance partner Mitsubishi Motors, estimated to bring in $482.7 million in cash. Even after the sale, Nissan is expected to remain Mitsubishi’s largest shareholder.
CEO Makoto Uchida has taken personal responsibility for Nissan’s recent struggles. Uchida is announcing that he will forfeit 50% of his own compensation as the company grapples with shrinking global sales. Reflecting on the need to adapt Nissan’s strategy to “rapid changes in markets,” Uchida emphasized that restructuring is the only path forward.
Production Cuts and Lineup Adjustments to Meet Demand
Nissan also announced that it is lowering output across several of its high-volume U.S. models, with production cuts in place for the Rogue crossover and Frontier pickup. The Rogue is made in Tennessee, while the Frontier is made in Mississippi. Together, these models account for about 40% of Nissan’s U.S. sales.
Data from CarEdge Insights shows that current inventory for the two remains sky-high. In November, there’s a 142-day supply of the Nissan Rogue, and 153 days of supply for the Frontier. That’s 60% above the overall market average today.
Nissan has also announced plans to introduce new hybrid models to the U.S. market. The Rogue will soon offer two hybrid variants: a plug-in hybrid developed with Mitsubishi and an e-Power series hybrid. This move to expand Nissan’s hybrid lineup is intended to help the company compete in a growing market. Right now, rivals like Toyota and Honda currently lead the hybrid sector.
Is Nissan Going Out of Business?
Although it’s too soon to say whether Nissan is on a path toward bankruptcy, the company’s performance has trended sharply downward for several quarters. The good news is that Nissan’s leadership is clearly committed to reversing this trend. Uchida’s personal pay cut shows that leadership grasps the severity of the situation. Without a doubt, that’s encouraging news.
These actions indicate that Nissan is not going out of business anytime soon, but the year ahead will be absolutely crucial to its long-term survival. Stay tuned to CarEdge News for the latest automotive updates and insider car market data.
We’ll report back if any new signs of worry arise. For now, Nissan owners should rest easy.
CarEdge Insights
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