Nissan Plans Overhaul to Boost Latin America Operations

Nissan Motor Corporation is undergoing significant operational realignments in Latin America as part of its 'Ambition 2030' vision to enhance agility and cost efficiency. Starting January 2026, production of the Nissan Frontier/Nissan Navara pickups will be consolidated at the CIVAC plant in Mexico, streamlining operations in response to market demands. Concurrently, incoming CEO Ivan Espinosa emphasizes a need for a cultural shift within the company, advocating for faster decision-making and increased collaboration to develop competitive models. He aims to accelerate the product development timeline to under 30 months and is open to partnerships outside the auto industry. Nissan is also planning to introduce five new models over the next two years, including the Ariya electric SUV, to address its financial challenges and regain market competitiveness. These initiatives come after the company faced financial difficulties and the recent collapse of merger talks with Honda, prompting a reevaluation of its strategies.