--- title: "New Nissan CEO Doesn’t Rule Out Selling the Company: TDS" date: "2026-03-03" modified: "2026-03-03" authors: - name: "Joel Feder" job_title: "Director of Content and Product" link: "https://www.thedrive.com/authors/joel-feder" url: "https://www.thedrive.com/news/new-nissan-ceo-open-to-selling-the-company-tds" categories: - "News" - "The Downshift" --- # New Nissan CEO Doesn’t Rule Out Selling the Company: TDS ![2026 Nissan Leaf]() *\Joel Feder\* Good morning and welcome to *The Downshift*, or *TDS* for short. Short, tight, and a quick read, *TDS* gathers the latest automotive headlines from around the globe and places them in one spot. Stories are summarized in a single sentence accompanied by a link for those seeking more information. Just finished the second cup of coffee, it's going to somehow be 50 degrees here in Minneapolis today, and there's basically no snow. Let's get into it. 🚘 What I’m driving: Spending the week with the 2026 Volkswagen GTI and already am frustrated with the touch-based climate control and volume sliders. 👨‍💼 Nissan's new CEO, Ivan Espinosa, isn't being coy about the automaker's situation noting it's dire with a projected annual net loss of $4.2 billion for 2026 after a $4.5 billion loss the previous year; [Espinosa said](), "it’s becoming increasingly difficult for companies of our size to remain relevant in this environment. You need to remain open and flexible" and when asked if one day the company could be sold he said, "anything can happen in this crazy world." 📸 The [Mitsubishi prototype]() of a rebadged Nissan Leaf was spotted testing on public roads. ⛽️ Audi's CEO said the [automaker will keep gas-powered cars]() well into the 2030s due to shifting market demand in various regions. 🛻 The new [2027 Chevrolet Silverado lineup]() will continue to offer a single-cab configuration as prototypes were seen testing on the road. 🔌 The [2026 Toyota RAV4 PHEV lineup received a price cut]() by $3,315 with a starting price of $42,950. 🧑‍⚖️ [Iowa is suing General Motors and OnStar]() for selling Iowans' data without consent. *Got a news tip or feedback? Drop us a line at tips@thedrive.com* ## Author Overseeing what you see, read, touch, hear, and interact with from the vast lakes of Minnesota, Joel Feder shapes how The Drive looks and operates as the head of content and product initiatives. On a daily basis, Joel leads the newsroom and editorial staff playing point on both short-term coverage and long-term strategic plans. His mission is to help ensure The Drive shapes the future of automotive media by helping the team execute original reporting, breaking news, and exclusive opportunities. Regarded as an industry insider and recognized by colleagues, fellow journalists, and manufacturers as a point-person and leader in the industry, Joel owns and runs the largest automotive professionals group on Facebook in an effort to serve and help others. Joel serves as a juror for the World Car Awards. In addition, he is the board chair and chair of the governance and nominating committee for Move Forward MN, a local non-profit that helps at-risk youth with barrier-free mental health and housing services. While you’re reading this he’s either on his computer or iPhone chasing the latest news or drafting a story. ### Author social links [Instagram]() [LinkedIn]() [Bluesky]() [Email]()