Nissan Motor Co. is currently facing a challenging period due to a decline in profits and sales. This decline is attributed to various factors such as an outdated vehicle lineup, high dealer incentives, and a lack of hybrid models in the North American market.

In response to these challenges, Nissan has implemented job cuts and reduced production, which has raised concerns about the effectiveness of their turnaround strategy.

Adding to the uncertainty is the recent acquisition of a stake in the company by Effissimo Capital Management Pte, a well-known activist investor in Japan. Effissimo is known for advocating for significant changes within Japanese corporations.