Ivan Espinosa, who ascended to the title on March 11, plans on reinforcing the company's US lineup (including the popular Rogue), cutting costs, and bringing a product-focused mindset to the brand. Espinosa's Nissan is also seeking cost- and expertise-sharing partnerships (including with electronics manufacturer Foxconn),

The rumors flying last week that Nissan CEO Makoto Uchida had one foot out the door have come true. On Tuesday, the Yokohama, Japan-based automaker announced the resignation of Uchida in the same breath as it appointed a new leader, Ivan Espinosa.

It's official: Nissan's CEO is on the way out. The brand has sealed the fate of its COVID-era chief and plans to replace him with someone who is focused on products, which, honestly, could be a great move if the new "car guy" appointee can pull off what seems like the impossible.

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