From：Internet Info Agency 2026-03-04 15:33:10
Nissan's newly appointed CEO, Ivan Espinosa, has taken the helm amid crisis and is pushing forward an aggressive restructuring plan: closing seven factories and two design studios, and cutting 20,000 jobs. As a result, Nissan expects a net loss of $4.2 billion for fiscal year 2026. In an interview with the Financial Times, Espinosa acknowledged immense operational pressures, stating, "In this crazy world, anything can happen," and did not entirely rule out the possibility of the company being sold. Nevertheless, Nissan emphasized its commitment to remaining independent and plans to significantly shorten vehicle development cycles to enhance competitiveness. Earlier merger talks with Honda collapsed due to disagreements over control, while long-time ally Renault has gradually reduced its stake in Nissan and instead partnered with Ford to develop electric vehicles.
Car Seller Loses $60,000 Corvette as Buyer Flees During Chicago Test Drive
Geely Unveils i-HEV Smart Hybrid Technology, Set for Mass Production in 2026 Across Multiple Models
2027 Toyota Land Cruiser Adds Snorkel and More; Base Price Slightly Up
GAC to Unveil Next-Gen Smart Cockpit and E/E Architecture at 2026 Tech Day
Tesla Launches Limited Run of 350 Signature Model S/X Plaid Units at Nearly $160,000
FAW Executive Zhou Shiying Urges Auto Industry to Break Silos and Advance Intelligent Collaboration
Global Methanol Electric Ecosystem Alliance Launched with Geely Farizon, Chery and Others Joining
Horizon to Unveil China’s First Cabin-and-Drive Integrated AI Chip “Stellar” on April 22
