Nissan is on the brink of collapse, following years of leadership chaos, strategic failures, and intense competition from Chinese automakers. The company is cutting jobs and manufacturing capacity while facing market challenges in China, the US, and the UK.
Nissan faces warnings of imminent collapse after enduring a series of challenges including leadership turmoil, strategic failures, and fierce competition from Chinese automakers. The company is struggling in China and the US, where it lacks a strong hybrid car lineup, and is battling in other markets like the UK. Nissan announced it would cut 9,000 jobs and 20% of its global manufacturing capacity as part of a $2.6 billion cost-cutting plan.
The firm is also grappling with a sales slump in China and the US, and Nissan's CEO, Makoto Uchida, has taken a 50% pay cut
Nissan Imminent Collapse Cost-Cutting Chinese Competition Global Markets Leadership Chaos
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