Nissan Enters New Era of Turmoil as Effissimo Takes Stake

Illuminated signage atop the Nissan Motor Co. global headquarters at dusk in Yokohama, Japan, on Tuesday, Nov. 12, 2024. A fund controlled by Effissimo Capital Management Pte, which has a history of pushing for change in Japan, has taken a stake in Nissan just days after cratering profit and sales induced by an outdated lineup, pricey dealer incentives and lack of hybrids in North America forced the Japanese carmaker to slash jobs and production. Photographer: Kiyoshi Ota/Bloomberg via Getty Images

Nissan Enters New Era of Turmoil as Effissimo Takes Stake
Illuminated signage atop the Nissan Motor Co. global headquarters at dusk in Yokohama, Japan, on Tuesday, Nov. 12, 2024. A fund controlled by Effissimo Capital Management Pte, which has a history of pushing for change in Japan, has taken a stake in Nissan just days after cratering profit and sales induced by an outdated lineup, pricey dealer incentives and lack of hybrids in North America forced the Japanese carmaker to slash jobs and production. Photographer: Kiyoshi Ota/Bloomberg via Getty Images
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Editorial #:
2183795266
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Bloomberg
Date created:
November 12, 2024
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Source:
Bloomberg
Object name:
JAPAN NISSAN
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