Nissan CEO Promises No Sacred Cows In New Round Of Cuts

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."

Uchida, who took the helm of scandal-tainted Nissan on Dec. 1, also staked his job on brokering a successful turnaround, saying shareholders could can him if he fails to deliver.

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PUGPROUD - 2/18/2020 2:32:13 PM

+3 Boost

Cutting easy, building difficult.

vdiv - 2/18/2020 4:52:34 PM

+3 Boost

Indeed, it is terrible for the people that will be affected.

MDarringer - 2/18/2020 7:23:25 PM

+1 Boost

Translation: bye bye 370Z, GTR, Titan.

skytop - 2/18/2020 7:53:12 PM

0 Boost

Just read an article of how Nissan is releasing a brand Frontier for 2021. The Frontier is the second best selling vehicle for Nissan.

https://theonlinecarguy.com/2020/02/16/next-frontier-tackles-nissans-age-issue/

MDarringer - 2/18/2020 8:28:47 PM

0 Boost

The "new" Frontier is the already released Navara that Mercedes tried to turn into a Mercedes. The Navara is far from new (2014).

it is NOT however Nissan's second-best selling vehicle. The article states: "...second-bestselling light truck..."

dumpsty - 2/19/2020 12:52:59 PM

+1 Boost

This is a major turning-point for the automaker. How (new) leadership takes the helm & re-organizes product plans will determine if Nissan survives another 5-10 years. Will they play it safe or follow today's consumer trends? Will Infiniti continue to produce half-azz performance & luxury? will they be happy with a seat in the back of the room vs the global competition?