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What's Wrong With Nissan and How Can the Japanese Carmaker Survive?


Published on 2024-12-11 17:20:53 - Bloomberg L.P.
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  • Nissan Motor Co. is fighting for its life, again. One of Japan's flagship brands is on the brink after weak sales in the US and China triggered huge losses that left top brass with little choice but to cut jobs,

The article from Bloomberg discusses the current financial and leadership challenges facing Nissan Motor Co. as of December 2024. Nissan has appointed a new Chief Financial Officer (CFO) amidst concerns about its financial stability. The company has been struggling with declining sales, particularly in key markets like China and the U.S., and has faced production issues due to supply chain disruptions. There are speculations about Nissan's potential collapse, but the new CFO, whose identity is not disclosed in the article, is expected to implement aggressive cost-cutting measures and strategic partnerships to steer the company away from financial trouble. Analysts are divided on Nissan's future, with some believing that with the right leadership and strategic adjustments, Nissan can survive and possibly thrive, while others are skeptical about its ability to recover from its current predicaments.

Read the Full Bloomberg L.P. Article at:
[ https://www.bloomberg.com/news/articles/2024-12-11/will-nissan-collapse-who-is-new-cfo-is-it-in-financial-trouble-can-it-survive ]

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