FinanceFortuneabout 2 hours ago
Nissan bets on turnaround plan to survive global turmoil
8 min read
Nissan CEO Ivan Espinosa launched the Re:Nissan plan in May 2025, targeting 500 billion yen in savings, seven plant closures, and 20,000 layoffs. The company reported a $3.54 billion loss and faces 25% U.S. tariffs on imported vehicles.
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