Nissan Plans to Cut 20% of Models, Focusing on U.S. and Chinese Markets

[Product Strategy] Nissan plans to reduce its global model lineup from 56 to 45, concentrating on three core vehicle series.

Core Development: 80% of Sales to Come from Three Shared-Platform Models

Ivan Espinosa, one year into his leadership at Nissan, unveiled a reform plan on April 14, 2026, targeting annual sales exceeding 1 million vehicles each in the U.S. and China by fiscal year 2030—a level not achieved since fiscal year 2019 for the U.S. and fiscal year 2021 for China.

Key Figures: Mounting Losses Force Drastic Restructuring

Net losses reached 670.9 billion yen in fiscal year 2024, followed by an additional 221.9 billion yen loss in the first half of fiscal year 2025. As part of the "Re:Nissan" restructuring initiative, Nissan intends to shutter 7 plants, cut 20,000 jobs, and reduce annual costs by 500 billion yen.

Strategic Foundation: Dual Pressures from Lagging Electrification and Aging Distribution Channels

Following the end of its two-decade partnership with Renault and the collapse of merger talks with Honda, Nissan is accelerating its product line refresh, prioritizing new models tailored to core market demands—such as the Rogue (X-Trail) equipped with a V6 hybrid system.