Reported 3 days ago
Nissan's incoming CEO Ivan Espinosa announced plans to significantly reduce the automaker's vehicle development time from 55 months to 37 months for the first model in a family and 30 months for subsequent models. This move aims to enhance competitiveness as Nissan faces declining sales and market challenges. Espinosa, who takes over on April 1, is focused on aligning vehicle offerings with customer preferences and addressing gaps in the market while the company undergoes restructuring.
Source: YAHOO