Nissan chief says new models, not discounts, key to revival

Makoto Uchida takes over as CEO amid US sales slump

20191203 NISSAN-CEO/

Nissan CEO Makoto Uchida speaks at a news conference at its headquarters in Yokohama, Japan, on Dec. 2. © Reuters

MITSURU OBE, Nikkei staff writer

YOKOHAMA -- Makoto Uchida, the new CEO of Nissan Motor, promised a re-invigorated alliance with Renault, an end to the short-term pursuit of profits, and an embrace of what he called his three core values of "respect, transparency and trust" as he took charge of the troubled Japanese carmaker.

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