Nissan's Attempt to Blame Carlos Ghosn for Its Current Crisis Is Risible

Nissan's new CEO did not start his tenure on the right foot. Ivan Espinosa announced a plan to cut 11,000 jobs and 7 of its current 17 plants. In an interview with Motor Trend, the executive said the company's crisis "probably started back in 2015," when Carlos Ghosn established a goal of "around eight million" cars per year. In 2024, the company sold only 3,348,687 units. So that's it, right? Far from it. (continue reading...)