TOKYO -- Ivan Espinosa, Nissan Motor's new president and CEO, must urgently reduce excess capacity as sales decline in major markets, and develop attractive models as the global shift to EVs gathers pace.
Management team keen on measures to improve business performance

Ivan Espinosa, Nissan Motor's Mexican chief planning officer, has been named to replace Makoto Uchida as the troubled automaker's president and CEO.
TOKYO -- Ivan Espinosa, Nissan Motor's new president and CEO, must urgently reduce excess capacity as sales decline in major markets, and develop attractive models as the global shift to EVs gathers pace.