The Nissan CEO says that the short -term focus is the company’s reform

April CEO Evan Espinoza said on Wednesday that the short -term focus is to repair the troubled Japanese auto industry, as it seeks to return to a solid foot.

“The focus we have is the company’s repair.”

“We are convinced that the plan is sufficient and strong,” he added.

Espinoza, who only took the leadership of the Japanese auto manufacturer in April, is facing an arduous battle to change the Nissan wave of Nissan.

The company competes with decreased sales, moving to electric cars and sharp global competition, especially from Chinese competitors. These challenges are now exacerbated by US President Donald Trump, 50 % global tariffs on steel and aluminum, along with the so -called mutual fees on individual countries that were briefly reduced under the process of reformulating in July.

Last month, Espinoza revealed the company’s plans to reduce 11,000 jobs and close seven factories, Reuters mentionedAmid expectations of a 3 % decrease in sales sizes in the current fiscal year.

At the end of last year, the company invaded in transient with a possible link with a Japanese counterpart Honda In conversations that could have created the third largest automobile manufacturer in the world, by sales – But the negotiations collapsed in February.

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