Let by CEO Ivan Espinosa, senior Nissan officials spent nearly an hour Thursday morning outlining a grand plan meant to move beyond the massive cuts it was forced to make over the last few years. It calls for a smaller, more focused product portfolio, new powertrain technologies, more tech features, a leaner product development and manufacturing system – and growth in the key markets of the U.S., Japan and China. Headlight.News has more.
Breaking News: Nissan will streamline its vehicle line-up, even while adding more powertrain options, CEO Ivan Espinosa announced during a Tuesday morning news conference on Tuesday morning Tokyo time. The strategy, dubbed “Mobility Intelligence for Everyday Life,” will also see the second-largest Japanese automaker put more emphasis on “AI-defined vehicles.”
Even as it cuts back on plans to expand its EV line-up, Nissan says it’s bringing back the once-popular Xterra, a rugged off-road SUV it junked back in 2015. It could be joined by a new Infiniti model, both to be produced at Nissan’s underutilized plant in Canton, Mississippi. More from Headlight.News.
Nissan will close its flagship Oppama Plant by March 2028, the automaker announced Tuesday, as it begins the process of paring back production in a bid to survive. The Re:Nissan recovery plan eventually will see seven of 17 Nissan assembly plants shut down, with 20,000 jobs eliminated. More from Headlight.News.