To say Nissan has been going through a rough patch would be quite the understatement as the company has been struggling for a significant amount of time. The whole debacle with the departure of former chairman Carlos Ghosn certainly didn’t help, nor did the coronavirus pandemic, so it comes as no surprise that high-ranked officials are planning a shake-up to adapt to the new reality.
Sources close to the matter cited by Reuters are saying Nissan will drastically reduce its annual sales target by one million cars in a new restructuring plan bound to be announced in May. In other words, the Japanese marque will set a new objective to sell five million cars per year compared to the previous goal of six million established by ex-CEO Hiroto Saikawa, a target which itself was much lower than Ghosn’s desire to move about eight million cars annually.
The restructuring plan is expected to last through March 2023 and would effectively turn Nissan into a…
