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Nissan CEO Makoto Uchida to step down on April 1, planning officer Espinosa named successor

Makoto Uchida, the CEO of Nissan Motor Co., will step down on April 1 due to poor financial results, and Ivan Espinosa has been named as his successor.
Uchida will remain a director until Nissan's shareholders' meeting to facilitate the transition to new leadership.
Nissan is predicting a loss of 80 billion yen for the fiscal year.
Merger talks between Nissan and Honda were canceled last month, although the companies will continue to seek strategic partnerships.

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Japan Today

Struggling automaker Nissan names Ivan Espinosa as new CEO

Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move that follows the failure of merger talks with rival Honda. Ivan Espinosa, who will take the top job from April, told reporters he wanted to continue Uchida's work "to help Nissan shine again".…

5 hours ago·Sakado, Japan

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Inquirer

+32 Reposted by 32 other sources

Struggling Japanese automaker Nissan replaces CEO

TOKYO, Japan – Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move that follows the failure of merger talks with rival Honda. Ivan Espinosa, who will take the top job from April, told reporters he wanted to continue Uchida’s work “to help Nissan shine again”. “I sincerely

10 hours ago·Manila, Philippines

Nissan CEO fired, to be replaced by product planning and motorsports boss

Nissan's new CEO Ivan Espinosa has a lot on his plate, including ongoing financial problems, and possible partnerships with Honda or Foxconn.

12 hours ago·Australia

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The National

Nissan names Ivan Espinosa as new CEO in major shake-up after Honda merger talks crash

Reshuffle aimed at achieving short and mid-term objectives to position company for long-term growth

17 hours ago·Abu Dhabi, United Arab Emirates

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Car and Driver

Nissan Names Ivan Espinosa New CEO amid Financial Woes.

18 hours ago

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Clean Technica

The Nissan/Honda Merger Talks May Be Back On - CleanTechnica

Nissan has a new CEO, after its current boss agreed to step aside. The new guy has a lot of work to do to re-energize the company. The post The Nissan/Honda Merger Talks May Be Back On appeared first on CleanTechnica.

19 hours ago

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