According to Reuters, Nissan will announce a reform of senior leadership on March 12, 2025. The Japanese automaker is currently in a state of instability after unsuccessful negotiations to merge with Honda.
The announcement is part of a plan to turn things around that Nissan is committed to accelerating this month and was made after two consecutive quarters with dismal business results that have caused the company to sink deeper into crisis.
Nissan's Board of Directors will continue to review the strength of the plan to turn the situation around as well as the ability to promote the current plan. If the company's CEO Makoto Uchida resigns, Nissan could decide to choose a temporary CEO instead of an official CEO. It was previously reported that Nissan's executives are testing potential candidates to succeed the CEO.
However, according to seiji Sugiura - a senior analyst at Tokai Tokyo Intelligence Laboratory - even a change at the highest level is not a quick solution for this car manufacturer.
Nissan's rapid recovery plan requires the closure of 3 factories as well as streamlining the management apparatus. This month, the company reduced its sales forecast for the current business year for the third time, highlighting the gloomy future facing many major markets including the US and China.
CEO Makoto Uchida has said that ending Nissan's difficult situation is the most urgent issue he must solve, after which he will be ready to resign.
