Nissan
Nissan CEO Unveils Plans to Trim Renault Stake
June 16, 2025 – On Monday, the Nikkei Business Daily reported that Nissan Motor Co.’s CEO, Ivan Espinosa, has announced the company’s intention to reduce its stake in its French partner, Renault SA. Based on the current stock prices, selling the entirety of Nissan’s 5% shareholding in Renault could potentially raise approximately 100 billion yen….
Nissan Eyes Sale of Yokohama HQ to Ease Financial Strains Amid Losses
May 24 2025 – Nissan Motor Co. is exploring the sale of its headquarters building in Yokohama as part of a broader financial restructuring strategy aimed at offsetting costs linked to its global operational overhaul, Nikkei reported. The automaker, which relocated its global base from Tokyo to the facility near Yokohama Station in 2009, plans…
Former Nissan CEO Ghosn Slams Company: ‘Near Collapse, Foresaw It’
May 13 2025 – In a recent interview with France’s BFM TV, 71-year-old former Nissan CEO Carlos Ghosn asserted that he had “long anticipated” the Japanese automaker’s struggles. “I foresaw Nissan’s decline and the unraveling of the alliance,” he stated bluntly. When pressed about the root causes of Nissan’s challenges, Ghosn didn’t mince words, placing…
Nissan to Slash 10,000 More Jobs Amid Persistent Performance Woes
May 13 2025 – Japanese broadcaster NHK reported today that Nissan Motor Co. has finalized plans to cut an additional workforce of over 10,000 employees both domestically and internationally as the automaker battles worsening financial performance and aims to revitalize its operations. When combined with previous restructuring initiatives, the group’s total layoff count is projected…
Ivan Espinosa, Incoming Nissan CEO, Open to Honda and Other Collaborations
March 27, 2025 – Nissan Motor Corporation is poised to welcome its new Chief Executive Officer, Ivan Espinosa, who has expressed his openness to collaborating with Honda or other potential partners, despite the abrupt termination of their merger negotiations last month. Espinosa, set to assume his role on April 1st, underscores the significant investments required…
Nissan and Honda Poised to Reveal New Chapter in Their Partnership Following Stalled Merger Talks
February 13, 2025 – Nissan and Honda are expected to announce the next phase of their complex relationship today, with Reuters reporting that the two automakers may formally abandon their merger plans due to unsuccessful negotiations. Both companies, which are also set to release their quarterly financial reports, have been impacted by the rapid rise…