CEO to oversee new dawn for Nissan

A SENIOR Nissan official has debunked reports out of Europe that the company is about to enter a period of belt-tightening and cost-cutting under its incoming CEO, Makoto Uchida, stating that a new era of progress and expansion has commenced instead. 

Speaking to the press at last month's Tokyo motor show, Nissan Motor Company’s head of product planning, Ivan Espinosa, said that while Mr Uchida has a reputation for hard work and efficiency, he intends to return Nissan to long-term prosperity without halting major programs, which include up to seven battery-electric vehicles and many more e-Power hybrids as well as scores of other models in the pipeline over the next five years or so.

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