Given Nissan's dire financial straits, and the slow-moving burgeoning global recession driven by the pandemic, I hope the new Z isn't cancelled outright. It would be fantastic to see the Z continue and I would be one of the first in line to buy one. But, a small-volume niche sports car is not what Nissan needs right now.
But on the other hand, maybe a 'hail Mary' kind of play with a sexy, powerful, reasonably priced sports car (with a manual transmission) might attract some attention to a company many people are giving up for dead?
I sincerely hope Nissan isn't too far gone to save at all anymore. In the past few years the company has been torn apart by political infighting, with the Japanese executives undermining and fighting Carlos Ghosn to keep him from merging the company with Renault. Ironically, that might have been the best chance Nissan had for survival. As information about what happened to Ghosn continues to come out, it increasingly looks exactly like the frame-up whack job Ghosn said it was (as was posted in another thread).