Nissan Faces $4.5 B Loss, Slashes 20,000 Jobs and 7 Factories
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Key Entities
- • Nissan Motor Co. – A major Japanese automaker struggling with debt and competition.
- • Honda – Nissan’s planned merger partner, a deal that fell apart earlier this year.
- • CEO Ivan Espinosa – Overseeing Nissan’s dramatic cost-reduction strategy.
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