Will Nissan be the First Major Car Company Bankrupcy in 12 Months?
by Brian Wang from NextBigFuture.com on (#6SJJF)
Renault is selling its 36% share of Nissan and without a new major investor Nissan will go bankrupt in 12-14 months. At its news conference, Nissan's Chief Monozukuri Officer (Head of Manufacturing) Hideyuki Sakamoto described major cost cutting moves. Nissan's current plan is to reduce the operational maximum capacity of these 25 production lines by ...