Since the dramatic downfall of its “Cost Killer” Chairman Carlos Ghosn in 2018, Japan’s Nissan Motor Co. has labored under an aging model lineup, poor cash flow and management turmoil.

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.

Japan’s biggest carmakers expect to lose more than $19 billion after the tariffs that United States President Donald Trump placed on imported vehicles and

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's new CEO Ivan Espinosa faces mounting challenges as the automaker battles falling sales, rising tariffs, and intensifying competition.

In a recent interview with French business news channel BFM Business, former Nissan CEO and international fugitive Carlos Ghosn described his former employer as a company in “dire straits.” He further stated that he “predicted Nissan ’s decline” and the “demise” of the alliance between it and French automaker Renault.

Nissan Tokyo Sales Holdings Co. Ltd. (8291.TO) Japan Year Ended March 31 GROUP 2025 2024 Revenue Y141.61 bln Y148.97 bln Operating Profit Y7.41 bln Y8.71 bln Pretax Profit Y7.37 bln Y8.36 bln Net Profit Y4.31 bln Y7.34 bln Per share Earnings Y67.07 Y110.49 Results are based on Japanese accounting standards.

Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United States.