Sun, December 15, 2024
[ Sun, Dec 15th 2024 ]: Business Insider
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[ Sun, Dec 15th 2024 ]: Forbes
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[ Sun, Dec 15th 2024 ]: Wales Online
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[ Sun, Dec 15th 2024 ]: Detroit News
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[ Sun, Dec 15th 2024 ]: Reuters
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[ Sun, Dec 15th 2024 ]: moneycontrol.com
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[ Sun, Dec 15th 2024 ]: Business Insider
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Sat, December 14, 2024
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Nissan reshuffles leadership as business continues to struggle

Nissan's leadership shakeup seeks to address falling profits, debt, and an outdated product lineup, but analysts warn deeper changes are needed.
Nissan Motor Co. is undergoing a significant leadership reshuffle as it grapples with ongoing business challenges. The company has announced that Chief Operating Officer Ashwani Gupta will not be reappointed to the board, signaling a shift in its executive lineup. This change comes amidst Nissan's efforts to recover from a sales slump and navigate through a competitive automotive market. Additionally, Nissan is focusing on cost-cutting measures and has set a goal to achieve a 5% operating profit margin by March 2024. The leadership changes are part of a broader strategy to revitalize the company, enhance its electric vehicle offerings, and strengthen its alliance with Renault and Mitsubishi Motors.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/executive-leadership-and-management/nissan-reshuffles-leadership-as-business-continues-to-struggle/ar-AA1vSqUN ]