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The Latest Breaking News from Ivan Espinosa

Nissan warns of £4bn loss as costs rise and Trump tariffs loom

Japanese carmaker blames worsening outlook on “competitive environment and deteriorating sales’

The Guardian - UK

Nissan Is Losing More Money Than Ever

Nissan announced on Thursday it will post a ¥700 billion to ¥750 billion ($4.9 to $5.3 billion at today’s exchange rate) net loss for its 2024 fiscal year, which ended March 31. The automaker blamed the massive loss—a record amount for the company—on “its ongoing turnaround plan, and other factors.”

Motor1

Nissan revises down its earnings forecast with bigger losses

Nissan says it expects to rack up a loss totaling 700 billion yen ($4.9 billion) to 750 billion yen ($5.3 billion) for the fiscal year through March because of declining sales and the losing value of its assets

The Independent UK

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'We're Not Quick Enough': What Nissan Learned From China

Nissan has a product problem. The company can make great cars when it wants to, but an institutional addiction to letting things wither on the vine has created a problem with staying competitive—and the perception of being cutting-edge.

InsideEVs

Nissan's new CEO says the Japanese automaker will move faster to achieve a turnaround

The chief-executive-to-be at money-losing Japanese automaker Nissan is determined to speed up the company's decision-making to come up with models that say Nissan _ and really sell

The Independent UK

Nissan Says 'We Never Stopped' Talking To Honda

Nissan and Honda's initial merger attempt may have collapsed, but that doesn't mean the two auto firms are walking away from the table. The shape and extent of future collaborations are still to be determined, but Nissan executives want to make one thing clear.

InsideEVs

Nissan’s New Boss Drives His Z to Work Every Day

Ivan Espinosa has been with Nissan since 2003, working his way up to Chief Planning Officer before being recently appointed CEO. His predecessor, Makoto Uchida, described him as a “real car guy,” which makes sense, given that the new head honcho drives a Z daily. He was actually involved in…

Motor1

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Tesla Values Are Tanking Three Times Faster Than Any Other Brand

Elon Musk once argued in 2019 that Teslas were an "appreciating asset." Today, with the brand's stock and used car values in absolute freefall, some owners are offloading their cars as quickly as possible to get out before the brand hits rock bottom.

InsideEVs

Meet Ivan Espinosa, the ‘real car guy’ Nissan just tapped to be their new CEO

Ivan Espinosa has spent more than two decades working for Nissan, and is tasked with turning around the imperiled Japanese carmaker.

Fortune

Nissan's New CEO Is a 'Real Car Guy'

Nissan's recent struggles are no secret. The company teeters on the verge of bankruptcy after a failed merger attempt with fellow Japanese conglomerate Honda. Now, the company has appointed a new CEO in hopes of turning things around. And by all accounts, he's a real enthusiast—just like us.

Motor1

Elon Musk Finally Gets His White House EV Summit

The world's richest man is known for his long list of grievances. Regulations, "woke" culture, AI that isn't his own, people who don't advertise on his social media platform X and Marco Rubio are just some of the things he spends his days stewing about. But one thing really sticks in Elon…

InsideEVs

Can Nissan's New 'Real Car Guy' CEO Put It Back In The EV Race?

It's official: Nissan's CEO is on the way out. The brand has sealed the fate of its COVID-era chief and plans to replace him with someone who is focused on products, which, honestly, could be a great move if the new "car guy" appointee can pull off what seems like…

InsideEVs

Struggling Japanese Automaker Nissan Replaces CEO

Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move that follows the failure of merger talks with rival Honda.

International Business Times

Japanese automaker Nissan's chief executive steps down after dismal results

Japanese automaker Nissan Motor Co. says its chief executive, Makoto Uchida, is stepping down

The Independent UK

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Motor1

Nissan Has a New CEO

The rumors were true–Nissan’s CEO Makoto Uchida is stepping down. Ivan Espinosa, currently the chief planning officer, will take the reigns of the troubled Japanese automaker. The change in leadership was decided today during a board of directors meeting and will come into effect on April 1. Additional management changes…

InsideEVs

Nissan Silvia: Everything We Know

Nissan is working on a new Silvia. The news came from Nissan’s Vice-President of Global Product Strategy, Ivan Espinosa. The new Silvia will likely be EV or PHEV.

Motor1

New Nissan Silvia: Everything We Know

It's been more than two decades since the last Silvia. But Nissan is working on a new one.

Motor1

It's Official: Nissan Is Working on a New Silvia Sports Car

Work has started on a third sports car, but a production version has still yet to be approved.

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Motor1

Nissan Wants to Bring Back the Silvia

The company's global product boss says it would slot between the Z and GT-R.

Motor1

We Might Get An Electric Nissan GT-R By 2030

The bonkers Hyper Force concept is a "tangible dream to achieve by the end of the decade."

Motor1

Nissan Wants Solid-State Batteries For Electric GT-R

The hotter Nismo variant would have a smaller battery to shave off weight.

Motor1

Nissan Wants To Sell A Cheap Electric Sports Car To People In Their Early 20s

Ideally, this entry-level sports car would have a Nismo version.

Motor1

Nissan Brags The New Armada Is "Much Better" Than The Land Cruiser

It's getting a twin-turbo V6 to replace the naturally aspirated V8.

Motor1

Electrified Nissan Pickup Coming After EV SUVs

Nissan execs made their future truck plans clear at the Japan Mobility Show.

InsideEVs

Nissan EV Pickup Not An Immediate Priority But Will Happen: Report

Nissan global product strategy planning boss said electrifying trucks is a mid- to long-term priority, with compact and mid-size SUVs a more immediate concern.

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