Automakers

Nissan's Uchida promises N. American cuts with 'no taboos'

Nissan CEO Uchida rtrs web.jpg
At Nissan's shareholder meeting Uchida, pictured, did not respond to the suggestion that the company and its shareholders fund a $13.8 million bounty to wrest former CEO and Chairman Carlos Ghosn from Lebanon, which has no extradition treaty with Japan. (Reuters/REUTERS)
February 18, 2020 08:52 AM

YOKOHAMA, Japan -- Nissan CEO Makoto Uchida, under fire from shareholders angry about the automaker's slow-paced revival, said his team is creating a new restructuring plan "fast" and that the company will cut deeply in the critical North American market with "no taboos whatsoever."

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