Struggling Nissan says CEO Uchida steps down
TDT | Manama
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Struggling Japanese automaker Nissan on Tuesday announced the departure of its chief executive Makoto Uchida following the failure of merger talks with rival Honda.
"The Board of Directors decided on 11 March 2025 to select Ivan Espinosa as the representative executive officer in place of Makoto Uchida," the firm said in a statement.
The automaker said the leadership changes were made to "achieve the company's short- and mid-term objectives while positioning it for long-term growth", without elaborating.They will hold an online briefing later in the day.
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