The automotive industry encompasses the design, development, manufacturing, marketing, and selling of motor vehicles. This sector includes a wide range of companies and organizations involved in the production of cars, trucks, buses, and motorcycles, as well as components and systems that support vehicle operation and safety. The industry is characterized by a complex global supply chain and includes not only vehicle manufacturers but also parts suppliers, dealerships, financing, and repair services. The automotive industry plays a significant role in the global economy, influencing technology advancements, employment, and the future of transportation, particularly with the rise of electric and autonomous vehicles.
Nissan undergoes a pivotal leadership change as CEO Makoto Uchida steps down amidst financial difficulties, including a projected ¥80 billion net loss. Iván Espinosa, a seasoned product strategy expert, takes…