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Nissan board meets Tuesday to discuss whether to replace CEO Uchida

Nissan's board of directors will meet on Tuesday to discuss potential successors to CEO Makoto Uchida, who is under pressure to step down due to the Japanese automaker's worsening earnings performance and failed merger talks with Honda .
The Nissan board is set to convene on Tuesday to deliberate on the potential replacement of CEO Makoto Uchida, amidst ongoing tensions with its alliance partner, Renault. This meeting comes in the wake of a recent agreement between Nissan and Renault to restructure their alliance, aiming to place both companies on equal footing. The discussions about Uchida's leadership have been fueled by dissatisfaction from some board members regarding his handling of the alliance's dynamics. Additionally, there are concerns about Nissan's performance in China, where sales have significantly declined. The board's decision could have profound implications for the future direction of Nissan and its relationship with Renault.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/nissan-board-meets-tuesday-to-discuss-whether-to-replace-ceo-uchida/ar-AA1AEOQZ ]