A WEEK CAN BE A LONG time in the motor industry.
The collapsed merger talks with Honda, designed to make the conglomerate the world’s third largest automaker, appear to be to blame for the sacking of Nissan CEO Makoto Uchida.
Having held the position since December 2019, Uchida has been directed to step down in favour of current chief planning officer Ivan Espinosa.
Espinosa is the fourth to lead Nissan since the arrest and subsequent escape of Carlos Ghosn in 2018.
Among the measures Uchida instigated in order to turn the company around were three factory closures and other cost reductions aimed at reducing expenditure by ¥400 billion ($A4.29 billion).
Uchida is not the only one going out through the revolving door. Also looking for new jobs are Asako Oshina (chief brand and customer officer), Hideaki Watanabe (chief strategy and corporate affairs officer), Kunio Nakaguro (chief technology officer) and Hideyuki Sakamoto (leader of the manufacturing and supply chain management)