One of the major automobile companies based in Japan Nissan And honda, recently entered into “merger” talks. started.
Nissan and Honda to compete with Tesla, BYD and other Chinese electric car manufacturers in the industry is considering a merger. Unless later Mitsubishiis also expected to be included, big names are expected to have a say in the new era. He seems very eager to join forces. Making a statement on this issue, former Nissan CEO Carlos Ghosn said that he did not find the merger plan with Honda logical. stated. Nissan’s “in panic mode” Ghosn said about the development: “…A desperate move. This is not a pragmatic deal because frankly it is difficult to find synergies between the two companies…” he said. Recently, very bad news has been coming to the fore, especially regarding Nissan. For example In an interview with the Financial Times last month Two unnamed Nissan executives said the company had 12 to 14 months to survive. “…This will be difficult. We need sales in Japan and the US to generate cash…” the managers said and presented a frightening picture.
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Nissan previously said, “into emergency mode” passes and puts 9 thousand people out of work. It came to the fore with the news that. Accepting that the targets set are too big or ambitious for them, Nissan is therefore revising its future plans. The Japanese automaker will lay off 9,000 people in this context, It will reduce its production and sell a significant portion of its shares in Mitsubishi. As part of these steps, CEO Makoto Uchida also reduced his own salary by half.
Nissan, which will reduce its global production by 20 percent as part of this restructuring, has recently made significant changes in its top management. The company, which dismissed its CFO and made it Chairman of the China Management Committee, chose Jeremie Papin as the new CFO. Nissan’s new performance chief Guillaume Cartier happened. It was reported that Meunier served as the Global President of Jeep between 2019 and 2023 and was a member of the Executive Board at Stellantis. Meunier is also a veteran who has held leadership roles at Nissan USA, Canada, Brazil and Infiniti. in position. In addition to these, the company made some other changes and announced that it would make other major position changes in April.