In the bond market, Nissan Motors Finance’s corporate notes are trading at a yield spread of 85bps over JGBs, suggesting strong investor confidence. Positive bond sentiment may indirectly support equity valuations through favorable funding costs. Also note that several affordable models are imminent. The all-new Nissan Leaf with over 300 miles of range and a $30,000 starting price is now on sale. The next-generation Chevy Bolt EV is around the corner, and it’s already leaked . Additionally, Tesla has a more affordable Model Y (or whatever it will be called) in the pipeline. The timing is ripe for these affordable EVs, and they might help the industry continue moving forward despite the broad attack on clean energy from the White House. Bloomberg reports that in key markets, such as the US and China, Nissan’s ageing product lineup has hurt its competitiveness. Dealerships have been forced to cut prices to clear inventory, reducing profit margins. Honda, though stronger, is also under pressure to accelerate its EV transition as global regulations tighten around emissions. Nissan Motors Finance is positioned to benefit from Japan’s resilient consumer spending and depreciation in the yen, which supports export-linked vehicle demand. Market watchers expect financing volumes to track this macro move into late
