Nissan CEO Prioritizes Company Recovery in Short-Term Plan
- Nissan CEO Ivan Espinosa announced a short-term plan in June 2025 to restructure and fix the struggling automaker amid global challenges.
- This action follows Nissan's declining sales, tough competition, missed merger opportunities, and transition challenges to electric vehicles.
- Espinosa revealed plans to cut 11,000 jobs, close seven plants, and accelerate cost reduction through the Re:Nissan plan.
- He stated that their immediate priority is to address internal issues and confirmed that the plan in place is sufficient and strong.
- This restructuring aims to stabilize Nissan, enhance competitiveness, and prepare the company for ongoing industry uncertainty and growth in electric vehicles.
13 Articles
13 Articles
Nissan CEO admits key failure in desperate bid to 'transform' brand
NISSAN’S CEO, Ivan Espinosa, has revealed his plans to revive the struggling auto company. Despite admitting the company’s shortcomings, Espinosa also said he’s focusing on “fixing” the problems at hand to keep the company afloat. EPANissan’s CEO, Ivan Espinosa, wants to focus on creating a solid foundation for the company[/caption] The CEO mentioned that while Nissan works to regain its footing among other giant automakers in the industry, his …
Nissan preps for restructuring; plans global job cuts
Nissan Motor is preparing for one of its most significant restructuring moves to date, with plans to cut around 20,000 jobs, globally and explore the sale of its Yokohama headquarters. The measures are part of a broader strategy to manage rising costs, streamline operations and reduce debt. Nissan’s restructuring plan includes a significant transformation of its vehicle- development process. The company’s aim is to bring down the number of vehic…
Keluang Man? No, Its The New Nissan Kluang Showroom
ETCM and Nissan are giving its fans in Johor one more location to visit closer to home Edaran Tan Chong Motor Sdn. Bhd. (ETCM), the sole distributor of Nissan vehicles in Malaysia, proudly announces the opening of its brand-new Nissan showroom in Kluang, Johor. This latest expansion underscores ETCM’s ongoing mission to enhance accessibility to the Nissan brand while delivering a high-quality customer experience in key growth areas across the co…
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