Nissans new CEO, Ivan Espinosa, is facing mounting pressure to revive the struggling Japanese automaker amid falling global sales, rising tariffs, and growing competition. Since 2017, Nissans global sales have dropped 42%,

Nissan's new chief executive Ivan Espinosa faces an uphill task turning around the troubled Japanese automaker with no guarantee it can reverse sliding top-line sales, analysts said, even as he moves to slash costs.

Nissan unveiled sweeping new cost cuts Tuesday, saying it would eliminate 11,000 more jobs and scale back production, capping a tumultuous year that has left the Japanese automaker fighting to turn itself around.

Nissan Motor (OTC:NSANY) announced on Tuesday that it will slash 11,000 additional jobs and significantly reduce production as part of a sweeping cost-cutting strategy aimed at reviving the struggling Japanese

Ivan Espinosa is mapping a daring route. Nissan Motor’s new CEO, who replaced Makoto Uchida last month, is doubling his predecessor’s planned job cuts and plant closures. Hitting his sales target will be tough in the face of tariffs,

Nissan's new chief executive Ivan Espinosa faces an uphill task turning around the troubled Japanese automaker with no guarantee it can reverse sliding top-line sales, analysts said, even as he moves to slash costs.