« previous next »
Pages: [1]   Go Down

Author Topic: Nissan and Honda to Integrate, Eventually Merge  (Read 1010 times)

0 Members and 1 Guest are viewing this topic.

Offline Kamaji

  • Hero Member
  • *****
  • Posts: 48,301
Nissan and Honda to Integrate, Eventually Merge
« on: December 25, 2024, 12:39:40 pm »
TOKYO, Dec 23 (Reuters) - Honda (7267.T) and Nissan (7201.T) are in talks to merge by 2026, they said on Monday, a historic pivot for Japan's auto industry that underlines the threat Chinese EV makers now pose to the world's long-dominant legacy car makers.
The tie-up would create the world's third-largest auto group by vehicle sales after Toyota (7203.T) and Volkswagen (VOWG_p.DE).
It would also give the two companies scale and a chance to share resources in the face of intense competition from Tesla (TSLA.O) and more nimble Chinese rivals, such as BYD.

*  *  *

https://www.reuters.com/markets/deals/honda-nissan-set-announce-launch-integration-talks-media-reports-say-2024-12-22/

Logged

Online Timber Rattler

  • Hero Member
  • *****
  • Posts: 3,745
  • Conservative Purist and Patriot
Re: Nissan and Honda to Integrate, Eventually Merge
« Reply #1 on: December 25, 2024, 03:01:27 pm »
There have been so many auto manufacturer mergers and bankruptcies that new cars are all starting to look alike!
Logged
aka "nasty degenerate SOB," "worst of the worst at Free Republic," "Garbage Troll," "Neocon Warmonger," "Filthy Piece of Trash," "damn $#%$#@!," "Silly f'er," "POS," "war pig," "neocon scumbag," "insignificant little ankle nipper," "@ss-clown," "neocuck," "termite," "Uniparty Deep stater," "Never Trump sack of dog feces," "avid Bidenista," "filthy Ukrainian," "war whore," "fricking chump," "psychopathic POS," "depraved SOB," "Never Trump Moron," "Lazarus," and "sock puppet."

"In a time of universal deceit - telling the truth is a revolutionary act."  ---George Orwell

Online Fishrrman

  • Hero Member
  • *****
  • Posts: 14,337
  • Gender: Male
  • Dumbest member of the forum
Re: Nissan and Honda to Integrate, Eventually Merge
« Reply #2 on: December 25, 2024, 04:33:45 pm »
This doesn't make any sense to me.

Honda remains a relatively strong automaker.

Nissan is weak, partly in their decision to abandon ICE cars and move towards EV's.

What could possibly be "in this" from Honda's viewpoint?

If there is to be any winner from this merger, it's probably going to be... Toyota.
Logged

Online Timber Rattler

  • Hero Member
  • *****
  • Posts: 3,745
  • Conservative Purist and Patriot
Re: Nissan and Honda to Integrate, Eventually Merge
« Reply #3 on: December 25, 2024, 06:15:25 pm »
Quote from: Fishrrman on December 25, 2024, 04:33:45 pm

If there is to be any winner from this merger, it's probably going to be... Toyota.

Yup.  And that's the only vehicle I buy anymore because they are as solid as tanks and the company stands behind them.
Logged
aka "nasty degenerate SOB," "worst of the worst at Free Republic," "Garbage Troll," "Neocon Warmonger," "Filthy Piece of Trash," "damn $#%$#@!," "Silly f'er," "POS," "war pig," "neocon scumbag," "insignificant little ankle nipper," "@ss-clown," "neocuck," "termite," "Uniparty Deep stater," "Never Trump sack of dog feces," "avid Bidenista," "filthy Ukrainian," "war whore," "fricking chump," "psychopathic POS," "depraved SOB," "Never Trump Moron," "Lazarus," and "sock puppet."

"In a time of universal deceit - telling the truth is a revolutionary act."  ---George Orwell

Offline Kamaji

  • Hero Member
  • *****
  • Posts: 48,301
Re: Nissan and Honda to Integrate, Eventually Merge
« Reply #4 on: December 25, 2024, 07:01:36 pm »
Quote from: Fishrrman on December 25, 2024, 04:33:45 pm
This doesn't make any sense to me.

Honda remains a relatively strong automaker.

Nissan is weak, partly in their decision to abandon ICE cars and move towards EV's.

What could possibly be "in this" from Honda's viewpoint?

If there is to be any winner from this merger, it's probably going to be... Toyota.

My understanding - weak though it may be - is that this is essentially a bailout of Nissan, with Honda taking the lead on it.
Logged
Pages: [1]   Go Up
« previous next »