Overview

• Nissan and Honda continue discussions on potential collaborations, including large SUVs and EV projects, despite a previously failed merger attempt.
• Incoming CEO Ivan Espinosa has expressed openness to partnerships, including with Honda and non-automotive firms, as part of Nissan's recovery strategy.
• Espinosa plans to cut vehicle development time significantly, aiming to reduce the timeline for new models to 37 months and offshoot models to 30 months.
• Nissan is launching a refreshed lineup of hybrids, plug-in hybrids, and EVs, with key models like the Leaf crossover and Rogue SUV set to debut in the coming years.
• The company is implementing restructuring efforts, including job cuts and plant closures, to address financial struggles and improve cash flow generation.