Nissan's CEO Ivan Espinosa is implementing a plan to address the company's issues, with reports suggesting a possible 20% reduction in models. The plan, referred to as the Re:Nissan plan, aims to reinvigorate the carmaker, with goals that include increasing sales and potentially utilizing Chinese platforms for future European electric vehicles. Details of the plan are still emerging, with some outlets speculating about the role of new vehicle models, including trucks and SUVs, in the company's strategy.