Nissan Motor Co’s ageing lineup is next on the fix-it schedule as the Japanese carmaker attempts a makeover designed to save it from its worst financial crisis in a quarter century.
“We are entering now the phase in which we start rolling out a lot of new cars,” chief executive officer Ivan Espinosa said in an interview on Wednesday at Nissan’s headquarters in Yokohama. That includes reducing the bureaucratic burden of bringing fresh models to market, “shortening the development process significantly,” he said.
“This is going to help us with having the right cadence of product and reacting a bit quicker to allow us to cope with all the shifting trends in the market,” Espinosa said.
Pressure is mounting on Espinosa, 46, to overhaul Nissan as its financial position continues to deteriorate.
The collapse of talks to combine with Japanese peer Honda Motor Co and a complicated relationship with key
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