Nissan CEO Wants to Launch New Cars Faster to Speed Turnaround

Nissan Motor Co.’s aging lineup is next on the fix-it schedule as the Japanese carmaker attempts a makeover designed to save it from its worst financial crisis in a quarter century.

“We are entering now the phase in which we start rolling out a lot of new cars,” Chief Executive Officer Ivan Espinosa said in an interview on Wednesday at Nissan’s headquarters in Yokohama. That includes reducing the bureaucratic burden of bringing fresh models to market, “shortening the development process significantly,” he said.