automaker by market value, overtaken by Honda Motor (T:) and Suzuki Motor (T:), which added market capitalisation after unveiling a new electric car platform. Uchida, who became CEO in December 2019, is fighting to keep his job by delivering on his promises, three of the people said. He has said he would resign if he couldn’t turn the company around. \”I am determined to fulfill my duty,\” he said at the earnings conference. Uchida has the support of top shareholders, including Renault and Mitsubishi Motors (T:), but that could change if he doesn’t deliver, a fourth said. \”A change in management would be required if the current team can’t turn things around,\” he said. Still, Uchida has bought time. Japan’s government, which has a stake in Nissan, has so far been supportive, one person said. But the pressure is mounting. \”It won’t be easy for him to survive,\” Richter said. \”He’s going to have to show improvement in a very short timeframe.\”\”
