"And I'm pretty sure that it will bring further momentum in our growth." Chief Executive Officer Makoto Uchida is cutting costs and capacity after Nissan posted its biggest loss in two decades in the 2019-2020 fiscal year, while seeking to move past the turmoil triggered by the arrest of former Chairman Carlos Ghosn. Last year, Uchida unveiled the Ariya electric crossover and promised to roll out a dozen new vehicles within 18 months as part of a turnaround effort dubbed Nissan NEXT.