Nissan Motor Announces Restructuring Plan, Including 20% Model Cut and Sales Targets in the US and China

Nissan Motor (NSANY) has announced a restructuring strategy under CEO Ivan Espinosa to address declining sales, rising debt, and an outdated product lineup. The plan includes a 20% reduction in models and targets 1 million sales in the US and China.

By Sara Sethiya, SA News Editor · Seeking Alpha ·

Nissan Motor Announces Restructuring Plan, Including 20% Model Cut and Sales Targets in the US and China

Topics: car lineup CEO change debt restructuring sales decline

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