Nissan CEO Makoto Uchida will step down from his position on April 1, with current Chief Planning Officer Ivan Espinosa set to take up the role. Espinosa will be Nissan's fourth CEO in eight years. The leadership shakeup comes less than a month after Nissan and Honda terminated merger talks.

Ivan Espinosa succeeds Makoto Uchida after the failed merger with Honda, marking a strategic turning point for the Japanese carmaker.

The change in the top management team was deemed necessary due to the "industry-wide challenges and Nissan's performance"

Nissan CEO Makoto Uchida is set to step down from his position on April 1, 2025, following a tumultuous period for the company. He will be succeeded by Ivan Espinosa

Nissan on Tuesday named chief planning officer Ivan Espinosa to take the helm from April 1, marking the end to weeks of speculation over who would succeed Makoto Uchida as leader of the troubled Japanese carmaker Nissan made the announcement in a statement,

Makoto Uchida steps down as CEO, replaced by Ivan Espinosa. The decision comes after a period of financial difficulty and the failure of merger talks with Honda. For Espinosa, a daunting task

Nissan's new CEO Ivan Espinosa has a lot on his plate, including ongoing financial problems, and possible partnerships with Honda or Foxconn.

Nissan on Tuesday said Ivan Espinosa, its chief planning officer, would take the helm from April 1, ending weeks of speculation over who would succeed Makoto Uchida as leader of the troubled Japanese carmaker.