Nissan on the Brink; Facing Financial Collapse and Urgent Need for Investment
Nissan is facing a severe financial crisis, with reports suggesting the company may collapse within 12 to 14 months without new investment. The Japanese car manufacturer, battling declining sales in key markets like China and the US, is taking drastic measures including job cuts and reducing manufacturing capacity. Amid leadership changes and increased competition in the electric vehicle sector, the potential for a strategic partnership with Honda is explored as a possible solution to its woes.