Nissan CEO Makoto Uchida will step down from his position on April 1, with current Chief Planning Officer Ivan Espinosa set to take up the role. Espinosa will be Nissan's fourth CEO in eight years. The leadership shakeup comes less than a month after Nissan and Honda terminated merger talks.

Nissan CEO Makoto Uchida is set to step down from his position on April 1, 2025, following a tumultuous period. Ivan Espinosa—who currently serves as the Chief Planning Officer—will take the chief executive post.

The departure of Makoto Uchida as CEO could reignite merger talks with Honda that collapsed under his tenure. It has been reported in Japan that Uchida’s failure to secure a mer

During a press conference, current CEO Makoto Uchida didn't have the confidence of some employees, and the board asked him to step down.

Nissan on Tuesday named chief planning officer Ivan Espinosa to take the helm from April 1, marking the end to weeks of speculation over who would succeed Makoto Uchida as leader of the troubled Japanese carmaker Nissan made the announcement in a statement,

The Japanese automaker has revealed multiple executives will resign from their positions after talks with Honda to create the world's third-largest car manufacturer fell flat.

Espinosa's appointment has reportedly elicited speculation that a resumption in talks with Honda about the called-on merger could happen.

Speculation Nissan’s rumoured collapse is drawing closer has been further ignited after its embattled chief executive was shown the door.

Current Chief Planning Officer Ivan Espinosa will be assuming the role starting in April in a bid to turn around the struggling Yokohama-based automaker.

Nissan's new CEO Ivan Espinosa has a lot on his plate, including ongoing financial problems, and possible partnerships with Honda or Foxconn.