Nissan said Tuesday that Ivan Espinosa, its chief planning officer, would take the helm from April 1, ending weeks of speculation over who will succeed Makoto Uchida as leader of the troubled Japanese carmaker.
Uchida had been under pressure to step down following a worsening earnings performance at Japan’s third-largest automaker and the collapse of merger talks with Honda (HMC).
It was not clear whether the appointment of Espinosa, 46, would put those talks back on the table or open up the possibility of investment from another partner.
Espinosa, a Mexican citizen who joined Nissan in 2003, has spent much of his career
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