Rise in forecast losses accelerate Nissan’s transformation
Last year Nissan’s financial travails were such that a takeover in all but name by Honda was touted as the only real solution to its many problems. That idea foundered on its directors’ unwillingness to be a minority partner in the new company. A new Chief Executive—and a non-Japanese to boot—was appointed. Change is in the air, as is news of likely worse financial results than had been expected a few months back. Senor Espinosa has a lot on his plate.
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Originally posted on: https://www.automotiveworld.com/articles/rise-in-forecast-losses-accelerate-nissans-transformation/