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Nissan has come a long way since its financial and sales troubles in the late 1990s. Part of the company’s resurgence was attributed to the addition of Carlos Ghosn as Nissan’s CEO. Unfortunately, times are again tough for Nissan, as they are with every automaker. Just recently Nissan announced its first loss since Ghosn took over in 1999. As a result, Nissan plans to save money by becoming even closer to Renault.