Nissan

Next for Nissan: New CEO Ivan Espinosa starts crafting a ‘turnaround plan plus’

The front grill of a Nissan car is pictured at the 2024 Canadian auto show in Toronto.
Nissan faces two immediate crises, fixing its all-important U.S. business and stabilizing finances to rekindle positive cash flow. (REUTERS)
March 12, 2025 07:58 AM

TOKYO — Nissan Motor Co. is getting a new CEO and a revitalized executive team charged with devising a “turnaround plan plus” and this time, making the fix stick. But product planning boss Ivan Espinosa, tapped March 11 to succeed CEO Makoto Uchida, inherits a host of headaches with little time to engineer a better trajectory.

Staying current is easy with newsletters delivered straight to your inbox.