Nissan's new CEO says the Japanese automaker will move faster to achieve a turnaround [BNN Bloomberg (Canada)]
Honda Motor Company, Ltd. (HMC)
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Source: BNN Bloomberg
Ivan Espinosa, 46, chief planning officer and a Mexican with two decades of experience at Nissan Motor Corp., told reporters in embargoed comments for Wednesday that the company's corporate culture is “lacking empathy” and has to change. “We need to work together as one single team,” he said at the Nissan Technical Center in Atsugi city on the outskirts of Tokyo. “We need to work together hand in hand.” Nissan recently appointed Espinosa to take its helm, effective April 1, replacing Makoto Uchida. Espinosa has his work cut out for him as the maker of the Sentra sedan and Infiniti luxury cars faces yet another crisis, which began decades ago when Carlos Ghosn was sent in by French alliance partner Renault to save it from the brink of bankruptcy
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