Nissan has ’12 or 14 months to survive’ as financial situation gets dicey – report

Nissan is facing financial difficulties and is urgently seeking a long-term shareholder, potentially Honda, to survive, as Renault looks to reduce its stake. The company plans to cut global production capacity, reduce jobs, and introduce new energy vehicles to stabilize its business. Despite a history of collaboration, tensions between Renault and Nissan have arisen, with the former CEO, Carlos Ghosn, being terminated in 2018 for alleged financial misconduct.

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