Nissan shakes up North American management

The new chairman of Nissan (NSANY -0.7%) in North America, Jose Munoz, is wasting no time shaking things up, with ex-Chrysler exec Fred Diaz promoted to head of U.S. sales and marketing, along with 12 other executive changes.

The shuffle may have come more because of changes at the very top at Nissan than because of performance issues, with Nissan's U.S. sales up 9.1% on the year (vs. the overall industry's 8.4% gain) and up 14.2% Y/Y in Oct.

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