Nissan 400Z teased as Renault-Nissan-Mitsubishi alliance unveils revival plan
The Renault-Nissan-Mitsubishi alliance has been a troubled marriage, fighting through adversities including reduced market share, stronger competition and internal issues that came to a head with the spectacular rise and fall of former CEO Carlos Ghosn. With the Covid-19 pandemic hammering down on the industry, their struggle has only gotten worse. To counter this slump in business, the alliance has organised a contingency plan. Nissan has announced a 4-year plan which includes drastic decisions like shutting down plants and significantly trimming their lineup.