Reuters reveals how clock's ticking for Nissan boss Uchida to show he has a plan | Reuters News Agency

Reuters reveals how clock’s ticking for Nissan boss Uchida to show he has a plan

Nissan’s new CEO Makoto Uchida doesn’t have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to Reuters sources. The new boss must prove to the board he can accelerate cost-cutting and rebuild profits at the 86-year-old Japanese giant, and that he has the right strategy to repair its partnership with France’s Renault, the sources told Reuters.

Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Asia
Win Types: Speed
Story Types: Spot News
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