Evan Espinoza, CEO of Nissan Motor, is open to pursuing a partnership with Honda Motor, even after talks about a historical association between Japanese companies suddenly last month.
Esbinosa, who will assume that it is assumed that there is a lot of work and a lot of investment that may needNew roleOn April 1.
Espinoza, who is currently taking the position of chief planning official in Nissan, takes driving at a critical time for the company. The collapse of talks on a collection agreement with Honda under one holding company – a deal that would create one of the largest car makers in the world – left Struggle The manufacturer needs a lifeline. The highest task list for Espinosa will be to search for cooperation to develop cars and electrical technologies, which is part of a boost to update Aging product This assortment is behind the stagnation in sales.
This hints to the type of partner, you may follow Nissan.
Espinoza told reporters in Atogy, near the Nissan headquarters in Yokohama, that the association with the traditional auto industry company can provide “some synergy” in terms of size and technology of power generation and investment in batteries. But “there is another way, which you should participate with in order to develop this smart part of the future. There are some features and some competencies that are not owned by traditional original equipment manufacturers,” referring to the original equipment manufacturers.
Taiwanese company for the iPhone Hon Hai Precision Industry. She previously expressed interest in purchasing the share of the French auto manufacturer Renault SA in April. While Nissan accepts cooperation with the company also known as Foxconn, she sees more merit in partnership with a large technical company, Bloomberg News said earlier this month.
Espinoza said it regretted not to accelerate the development of products previously, with a warning that “changing a large company like Nissan is not an easy thing.” He repeated the plans of the Japanese auto manufacturer to shorten the time it took to move from development to production to 30 months to 37 months, from 50 months currently to 52 months.
Renewal assortment
Nissan was appointed to launch a number of new and exhausted models in 2025 and 2026, seeking to stop its free financial decline.
In North America, a new version of the compact Sedan Sentra video will be presented later this year, and the United States and Canada will be the first market to launch new papers, which will be equipped with a port that allows shipping in the Tesla Inc. A new unidentified EV production is also scheduled to start in Canton, Mississippi, the factory from the end of the fiscal year 2027.
In Europe, the electrical alternative to Juke Compact will be launched in 2026.
Training mechanical engineer, Espinoza Ashraf Ashraf Conservatives and Future Services for Nissan and Nantete Brands worldwide. he Lists The most important challenges facing the auto industry such as electricity, communication and techniques of self-driving-three areas in which Nissan has historically left.
Now, who is charged with finding a way to move forward with the automotive company, Espinoza was realistic about the challenges he faces.
He said: “The CEO usually deals with one of the major crises in his career.” “I will have to deal with four or five at the same time. I have a shift to work on it. I have a deep moral crisis in the company. I have a deep transformational work to do.”
This story was originally shown on Fortune.com
