Part 5/7:
In efforts to manage its financial burdens, Nissan has initiated several cost-cutting measures, including shutting down factories, reducing production lines, and laying off approximately 9,400 employees. Aiming to lift sales, the company is also offering significant incentives, such as 10-year warranties on older Nissan vehicles, which carries its own set of risks. There is skepticism among analysts about the viability of this strategy, given the conventional lifespan of combustion engine vehicles and the long-term implications of such warranties.