Nissan faces challenges with declining sales, plans to cut jobs and close plants.

From Yahoo Finance: 2025-05-15 00:04:00

Nissan’s new CEO faces challenges as sales have dropped 42% since 2017. Plans to cut jobs and close plants were unveiled, with sales in China expected to plunge 18%.

To combat declining sales, Nissan focuses on new models and hybrid technology. The company struggles with U.S. tariffs and shrinking margins, impacting its ability to turn around the business.

Nissan, facing competition from Chinese EV makers, struggles to update its aging lineup. The company’s stock is down 29% this year, with analysts expressing concerns about its ability to recover amidst ongoing challenges.

Read more: Analysis-Nissan is rolling out big cuts. Turning around sales will prove harder