Volvo Cars has reached an agreement with its Chinese parent Zhejiang Geely Holding Group to establish a joint venture to take over its powertrain operations.
July 08, 2021 02:54 PM
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How Ivan Espinosa’s shock therapy aims to restart Nissan ‘heartbeat’
Nissan's sweeping restructuring plan unveiled by new CEO Ivan Espinosa came just six weeks after he was tapped to do what his predecessor couldn’t: Make hard decisions, deep cuts. Now Espinosa seems to be taking a page in radical reform from another non-Japanese Nissan leader who headed up a similarly ambitious revival 25 years ago, Carlos Ghosn.
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