The Japanese house closes a financial exercise in strong decline and launches the King Plan: Nissan. A reduction of 20 thousand jobs and the production of vehicles in 10 of the current 17 factories are expected
In November 2024 a reliable source, represented by a high official near the company, revealed to Financial Times that without the introduction of new capital from the outside, probably Nissan He would not have been able to survive over 14 months. Then the managers of the Japanese house sat at a table with the compatriots of Honda (And Mitsubishi) for a negotiation, then shipwrecked, which would have led to the creation of the third automotive group globally. Now, after the exit of the former CEO of the former CEO Makoto Uchidareplaced starting from 1 April from Ivan Espinosathe Yokohama company has presented a new strategic plan (called King:Nissan) which, among other things, provides for a cut of 20 thousand employees (including i 9 thousand already announced in recent months) globally by 2027with the production of vehicles that will be concentrated in 10 of the current 17 plants scattered around the world.
duties, falling sales and a relaunch plan
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The transaction to complete electrification from the range (in the coming years the arrival in Europe of a new one is expected Micra based on the electric platform AMPR SMALL of the Renault 5, and the third generation of the Leafwhich becomes an SUV), the increase in the costs of raw materials and fears for duties threatened by Donald Trump For cars imported to the United States with foreign production. But, at the basis of current difficulties, the brand also discounts an extremely negative financial year, as evidenced by the loss of 4.08 billion euros (671 billion yen) highlighted in the annual report that ended on 31 March. “Faced with the difficult performance of the tax year 2024 and the increase in variable costs, aggravated by an uncertain context – he said Ivan EspinosaPresident and CEO of Nissan – We must give priority to personal improvement with greater urgency and speed, aiming for a profitability less dependent on volumes. With the new management We are adopting a prudent approach to re -evaluate our goals and actively seek every possible opportunity to implement and guarantee a solid recovery. Re: Nissan is an action plan based on the action that clearly outlines what we must do now. All employees are committed to working together as a team to implement this plan, with the aim of returning to profitability by the tax year 2026 “.