Part 4/7:
Why the Hesitation? Understanding Nissan's Challenges
Nissan representatives have been acutely aware of the immense pressure to enhance profitability amid dire circumstances. With its financial standing rated as "junk," Nissan faces elevated interest rates and struggles with essential bond repayments looming on the horizon. A shift towards cutting production capacity and workforce—a move that includes approximately 10,000 layoffs—reflects a desperate attempt to curtail expenses.