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  • When Makoto Uchida starts his new job

  • as chief executive of Nissan on the 1st of December hopes

  • are high that it will be the start

  • of a new era for the troubled Japanese carmaker.

  • With instalment of a younger slate of top managers,

  • Nissan will aim to put behind it 12 months of internal turmoil,

  • profit collapse, and tensions with its French partner

  • Renault, that were triggered by the arrest

  • of its former chairman Carlos Ghosn a year ago.

  • But the challenges the new 53-year-old boss faces

  • are enormous.

  • The Japanese group recently issued a profit warning,

  • saying it now expects its annual net profit to fall 66 per cent

  • from a year earlier.

  • Sales were weaker than expected in all of its core markets.

  • Analysts predict that one of the first jobs Mr Uchida, who

  • headed Nissan's China business, will have to focus on

  • is a new round of restructuring to stem

  • a sharp decline in profits.

  • Already, Nissan has said it would cut 12,500 jobs globally

  • and reduce the number of models it produces by 10 per cent.

  • Another urgent task is to repair the relationship

  • with Nissan's long-time alliance partner, Renault,

  • that was badly shaken after Mr Ghosn was arrested

  • on charges of financial misconduct, which

  • the former boss denies.

  • The struggling French carmaker is also

  • in the process of finding a new chief executive after it too

  • ousted its former boss in October.

  • With a new management team in both France and Japan,

  • the two companies will aim to revive the alliance

  • as they seek to survive a massive disruption

  • coming via electric vehicles, autonomous driving,

  • and ride sharing.

  • The interests are aligned more than ever,

  • but Mr Uchida will need to strike a delicate balance

  • between Nissan's internal interests

  • and the structural interests to make the alliance sustainable.

When Makoto Uchida starts his new job

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日產-雷諾。新任CEO為何需要修復關係? (Nissan-Renault: Why the new CEO needs to repair the relationship | FT)

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    林宜悉 發佈於 2021 年 01 月 14 日
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