Nissan is set to unveil a major shake-up in its top management next month as part of an accelerated turnaround plan, sources familiar with the matter said on Thursday.
The announcement, expected on March 12, comes in the wake of two consecutive quarters of disappointing performance and follows failed merger talks with Honda.
According to the sources, the planned management streamlining is aimed at addressing Nissan’s ongoing crisis. While discussions continue about the strength of the company’s turnaround strategy and the capabilities of its current team, current CEO Makoto Uchida is reportedly expected to retain his position—for now. However, if Uchida were to step down, Nissan might opt for an interim CEO rather than immediately appointing a permanent replacement.
Nissan’s board is carefully evaluating both the progress of its turnaround initiatives—which include the closure of three plants—and the potential need for leadership changes. “It’s only natural for a CEO to eventually pass on the baton,” said Seiji Sugiura, a senior analyst at Tokai Tokyo Intelligence Laboratory. He cautioned, however, that a change at the top would not provide an instant solution to the company’s broader challenges.
The management shake-up is part of a broader effort to reinvigorate Nissan following a series of setbacks. This month, the automaker reduced its forecast for the current fiscal year for the third time amid a challenging outlook in key markets such as the United States and China. The company had also been exploring a merger with Honda to create a $60 billion car company, but those talks collapsed after Honda proposed a structure that would have made Nissan a subsidiary.
Nissan’s shares rose 3.7% in Tokyo on Thursday, outpacing the Nikkei index’s 0.4% gain. A Nissan spokesperson declined to comment on the forthcoming changes. As the company continues to refine its turnaround strategy, industry observers will be watching closely to see if leadership adjustments will help reverse its recent performance trends.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 11th, covering the latest developments you need to know.
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On April 23, a ceremony for the signing of documents between Azerbaijan and China was held in Beijing, with the participation of Ilham Aliyev, President of the Republic of Azerbaijan, and Xi Jinping, President of the People’s Republic of China.
Beijing has criticized Washington's pressure tactics, warning that threats and coercion are not conducive to resolving trade tensions between the two countries.
The “Joint Statement on the Establishment of a Comprehensive Strategic Partnership between the Republic of Azerbaijan and the People’s Republic of China” was signed in Beijing on April 23 during the state visit of President of the Republic of Azerbaijan Ilham Aliyev to China.
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A powerful earthquake of magnitude 6.2 has struck Türkiye, with its epicenter located in the Silivri district of Istanbul, according to the country’s disaster management agency, AFAD.
On April 23, a ceremony for the signing of documents between Azerbaijan and China was held in Beijing, with the participation of Ilham Aliyev, President of the Republic of Azerbaijan, and Xi Jinping, President of the People’s Republic of China.
Beijing has criticized Washington's pressure tactics, warning that threats and coercion are not conducive to resolving trade tensions between the two countries.
The “Joint Statement on the Establishment of a Comprehensive Strategic Partnership between the Republic of Azerbaijan and the People’s Republic of China” was signed in Beijing on April 23 during the state visit of President of the Republic of Azerbaijan Ilham Aliyev to China.
Kyrgyz and Azerbaijani cultural ministers signed a 2025–2026 roadmap to deepen bilateral cooperation during a meeting in Bishkek.
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