In a major leadership shakeup, Nissan Motor Co. has appointed Ivan Espinosa as its new CEO, effective April 1, 2025. Espinosa, currently the chief planning officer, will replace Makoto Uchida as the Japanese automaker struggles with financial challenges and seeks to revitalize its position in the global market. The change comes just weeks after merger talks with Honda collapsed in February, a move that was seen as critical to Nissan’s survival in an increasingly competitive automotive landscape dominated by Tesla and Chinese EV manufacturers. Leadership Overhaul Uchida acknowledged his failure to maintain employee confidence during the announcement. “Since we unveiled … Continue reading Nissan Appoints Ivan Espinosa as CEO Amid $4.14B Cost-Cutting Measures