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Global competition, Ghosn's legacy cloud Nissan's new management english.kyodonews.net

posted by  AkihabaraBot | 4 years, 5 months ago

But analysts say Nissan faces rising competition with other global players -- especially in terms of research and development for connected, autonomous, shared and electric vehicles.
"Some people might expect a V-shaped recovery under the new management team.
Nissan's budget for research and development in fiscal 2019 through March next year is 550 billion yen ($5 billion), far below Toyota's plan of 1.1 trillion yen and Honda's 860 billion yen, according to their earnings outlook reports.
Aside from concerns about the technology front, there is lingering uncertainty about Renault's strategy to reshape ties with Nissan.
New Chief Operating Officer Ashwani Gupta also said the carmaker plans to introduce new models in fiscal 2020 or later.