Nissan has coyly been suggesting that it might someday furnish electrified performance models ever since it released Nismo-badged examples of the humble Leaf for the Japanese market. This was followed by the 2020 Leaf Nismo RC, which served as an experiment to see what would happen if you added a bunch of electric motors in a bid to make the model genuinely fast on a race track.

With the automaker set to deliver 15 new EVs by 2030, there’s been some speculation about how many will boast sporting aspirations. But it looks as though a few might know that Nissan has confirmed its developing Nismo-branded performance electrics for the global market.  (Read More…)

Despite predicting a rough year for itself long before the pandemic kicked the whole industry in the shins, Nissan is reporting a sunnier financial forecast.  Thanks to its vast restructuring efforts and better-than-anticipated sales, the Japanese automaker has trimmed estimated annual operating losses by 28 percent.

According to Nissan, that should place the 2020 cash bleed (which doesn’t officially wrap until March 31st, 2021) somewhere around $3.2 billion instead of the original $4.5 billion. Considering it’s coming off an already bad year, this is actually good news. But it doesn’t mean there aren’t more hard times ahead, as Nissan has decided to evolve its restructuring plan to make sure it doesn’t lose more money than absolutely necessary.

(Read More…)

Nissan’s under the gun, and some near the top of the company reportedly like what they see in the company’s chief operating officer, Ashwani Gupta. So much so, that they’re pushing for a change in roles.

They’d like to see the architect of the brand’s four-year turnaround plan, released last month, don the same hat as CEO Makoto Uchida. (Read More…)

The hunt for Nissan’s next chairman has been narrowed to three potential candidates. Their final challenge will be impressing Renault chairman Jean-Dominique Senard. According to reports, Senard spent the better part of Tuesday interviewing Renault-Nissan veterans — via teleconference or face-to-face meetings in Paris.

Considering the laundry list of problems Nissan currently faces, it’s difficult to imagine why anybody would want the job. Maybe it’s the sizable paychecks or perhaps an eagerness to turn things around at the automaker. Either way, whoever Nissan ends up with will have at least as much as they can handle.

Let’s take a look at the candidates.  (Read More…)