Nissan’s new CEO Ivan Espinosa outlines plan to turn around struggling automaker

The chief-executive-to-be at money-losing Japanese automaker Nissan is determined to speed up decision-making to come up with models that say Nissan—and really sell.

Ivan Espinosa, 46, chief planning officer and a Mexican with two decades of experience at Nissan Motor Corp., told reporters in embargoed comments for Wednesday that the company’s corporate culture is “lacking empathy” and has to change.

“We need to work together as one single team,” he said at the Nissan Technical Center in Atsugi city on the outskirts of Tokyo.