Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Nissan Motor Makoto Uchida CEO visits a press conference on February 13, 2025 in Yokaham, Japan.
Tomohiro Ohsumi | Getty Images | Gets the image
On April 1, Nissan Makoto Uchida CEO will leave its position, the company reports on Tuesday.
It is replaced by the current chief director of planning Ivan Espinos. He will become the fourth Nissan CEO Eight years.
Shakeup’s leader comes less than a month after Nissan and Honda stopped negotiations on mergers.
A potential deal for $ 60 billion-which would create a third-largest automobile company in the world in terms of sales-reflected amid charges “Honor and Refusal” The Nissan, as well as the refusal of the factories, according to sources referring to Reuters. Moving Honda to make a subsidiary manufacturer and click on deeper cuts in Nissan, even more clouded the fate of the transaction, the report said.
Together with the lead, another high manager, who left the post on April 1, include the main brand and Customer Customer employee and the chief strategy and corporate affairs officer of Vatanaba.
Control changes follow A gloomy set of results For the Japanese automaker, which conducted a 78% receipt report compared to the last year, the third quarter, ending December 2024. He also reported a pure loss of 14.1 billion yen ($ 95.7 million)-significant cancellation of 29.1 billion revenues over the same period a year before.
Nissan has reduced its forecasts over the year before the end of March, both by revenue and for profit to 12.5 trillion and 120 billion, respectively, decreased compared to 12.7 trillion and 150 billion. A complete net loss of 80 billion was expected by adding.
