•Global production will be reduced by 787 000 units – a 20% decrease compared to planned volume – by the end of this fiscal year, in alignment with a global employee reduction of 20 000 through FY2009, reducing Nissan’s workforce to 215 000.
•Revised manufacturing projects with Alliance partner Renault in Morocco and India:
In Chennai, India, the joint plant will proceed with a reduced ramp-up speed.
In Morocco, Nissan will suspend their participation in the project near Tangiers.
•Revised product portfolio including the cancellation of selected future programs.
Nissan will launch an average of 10 all-new vehicles per year in the 2009-2012 period, including the company’s all-new A-Platform entry-car lineup and a dedicated all-electric vehicle.
The focus is on future investments in products, technology, support functions and purchasing cost reductions.
A new organizational structure is defined
| Toshiyuki Shiga, COO, expands his responsibilities to include management of a newly created three-region structure, in addition to government affairs manufacturing, research and development, purchasing, product planning, design, and marketing and sales. Shiga continues to report to President and CEO Carlos Ghosn. |
Colin Dodge is appointed to the newly created position of Chief Recovery Officer, reporting to Ghosn.
Hiroto Saikawa, Executive Vice President, takes responsibility for a new region that is comprised of Japan, China and the Asia-Pacific markets.
Carlos Tavares, Executive Vice President, is responsible for a new region that consolidates all markets in North, Central and South America.
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Andrew Palmer is appointed Senior Vice President with responsibility for product planning, the Infiniti business unit, the Light Commercial Vehicle business unit and a newly created electric vehicle business unit. |
