When Christian Meunier was kicked out of the Stellantis group as chief executive of Jeep, he was called too bad for his job. Now he has to save Nissan.
The crisis-hit car brand Nissan is days away from announcing that it has hired Christian Meunier, who was fired as CEO of Jeep in 2023.
Meunier must now try to turn the tide for the Japanese brand, which, like Infiniti and Jeep, is struggling with declining sales figures.
That's what Automotive News writes.
According to Automotive News' sources, Meunier will replace Jérémie Papin as president of Nissan Americas.
This gives him responsibility for both Nissan and Infiniti in North and South America. Papin is expected to be promoted to Nissan's chief financial officer, replacing Stephen Ma. The changes may take effect on January 1, and further restructuring may be on the way.
Nissan sold 834,097 cars in the US last year. Which is almost 300,000 fewer than ten years ago. This corresponds to a decrease of 26.3%. Infiniti has experienced an even greater drop of 45% in the same period.
– Last year the Japanese sold 834,097 cars in the US, which is almost 300,000 fewer cars than less than a decade ago.
– This is a decrease of 26.3 percent. But Infiniti is even worse off, as sales have plummeted by almost 45% in the past ten years, writes Automotive News.
The group's problems have led to a partnership with Honda. And the media believes that Nissan may soon buy a stake in its former competitor. An official announcement could come as early as next month.
Nissan is far from the only brand shaking up the bag these days. In fact, the turning points in and out of the automotive industry are almost wide open these days. This applies right down to the design departments.
For example, BMW has secured Polestar's head of design. Conversely, Polestar has fired its CEO Thomas Ingenlath. The German has been replaced by a compatriot with a shady past. Read more about it here .
