Nissan Needs Self-Help Before Seeking Out Partners, CEO Says

WATCH: CEO Ivan Espinosa says Nissan’s restructuring plan is solid and its manufacturing footprint gives it the flexibility to adjust to tariff uncertainty.Source: Bloomberg

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.