Pedestrians walk across a footbridge in front of the Nissan headquarters in Yokohama, Japan.
Photographer: Toru Hanai/BloombergThe Big Take
Nissan Needs a Savior to Swoop to Its Rescue Again
Sales are slumping and earnings are in free fall. The carmaker is looking for a next CEO and outside help.
Nissan Motor Co. is once again looking for a superhero.
Some 26 years ago, it was Renault SA and an aggressive, cost-cutting executive named Carlos Ghosn who pulled the Japanese carmaker back from the brink. Now, with Chief Executive Officer Makoto Uchida facing a possible boardroom coup and the company in financial free fall, there isn’t an obvious savior.