Kate Leinbaugh

So Ghosn and Nissan spent billions of dollars building factories all over the world. He pushed for drastic sales increases and made big investments in electric cars, robo-taxis, and autonomous vehicles.

What happened instead?

What happened instead?

What happened instead?

By 2018, Nissan's profit margins were shrinking. And Ghosn soon found himself accused of financial crimes in Japan. He fled the country and is now a fugitive in Lebanon. He denies wrongdoing and has dismissed the idea that he was responsible for Nissan's current woes. But Nissan was stuck.

By 2018, Nissan's profit margins were shrinking. And Ghosn soon found himself accused of financial crimes in Japan. He fled the country and is now a fugitive in Lebanon. He denies wrongdoing and has dismissed the idea that he was responsible for Nissan's current woes. But Nissan was stuck.

By 2018, Nissan's profit margins were shrinking. And Ghosn soon found himself accused of financial crimes in Japan. He fled the country and is now a fugitive in Lebanon. He denies wrongdoing and has dismissed the idea that he was responsible for Nissan's current woes. But Nissan was stuck.

Nissan was strapped for cash at a time when the industry was on the precipice of big changes. The electric vehicle market was taking off around the world, and Nissan was left flat-footed. especially in China, the world's largest car-buying country where Nissan had invested heavily.

Nissan was strapped for cash at a time when the industry was on the precipice of big changes. The electric vehicle market was taking off around the world, and Nissan was left flat-footed. especially in China, the world's largest car-buying country where Nissan had invested heavily.

Nissan was strapped for cash at a time when the industry was on the precipice of big changes. The electric vehicle market was taking off around the world, and Nissan was left flat-footed. especially in China, the world's largest car-buying country where Nissan had invested heavily.

China had a burst of new EVs of its own, carmakers like BYD Auto, and Chinese customers were buying in, which was bad news for the whole Japanese car industry and especially for Nissan.

China had a burst of new EVs of its own, carmakers like BYD Auto, and Chinese customers were buying in, which was bad news for the whole Japanese car industry and especially for Nissan.

China had a burst of new EVs of its own, carmakers like BYD Auto, and Chinese customers were buying in, which was bad news for the whole Japanese car industry and especially for Nissan.

So what did Nissan do?

So what did Nissan do?

So what did Nissan do?

So it's like a matter of survival for them.

So it's like a matter of survival for them.

So it's like a matter of survival for them.

In this proposed deal, Nissan would get a lifeline. But what does Honda get? That's after the break.