Nissan Board to Discuss CEO Replacement Amidst Financial Struggles

Reported about 18 hours ago

Nissan's board will meet to consider replacing CEO Makoto Uchida, facing pressure due to declining earnings and failed merger talks with Honda. Uchida's position is under scrutiny as Nissan has cut its profit forecasts multiple times this fiscal year, and potential successors are being evaluated, including key executives from within the company. The automaker is also grappling with industry challenges and restructuring efforts, including job cuts and plant closures.

Source: YAHOO

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