Nissan is considering a change in leadership following the failure of a proposed merger with Honda and poor results, according to a news report.
The automaker may replace CEO Makoto Uchida and may revamp the executive team, Bloomberg said in a story published Thursday morning.
It cited unnamed sources.
Uchida, 58, became Nissan CEO in 2019 and has led efforts to turn around the Yokohama-based automaker, but the initiatives have so far failed. The company is expected to post an ¥80 billion loss in the fiscal year ending March.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.