Nissan Needs Self-Help Before Seeking Out Partners, CEO Says
Nissan Motor Co. must get its own house in order before considering partnerships with other companies, Chief Executive Officer Ivan Espinosa said.
Nissan has over ¥2.2 trillion ($15.1 billion) in the bank and committed lines of credit, Espinosa said Thursday, adding that the Japanese automaker is in a better negotiation position now than before he took over.