As the automotive industry faces an uncertain future, consolidation among major players is expected. While Nissan has sought a merger partner, its historical rival Toyota was never a consideration. Toyota Chairman Akio Toyoda addressed the consolidation trends affecting Honda and Nissan at CES 2025 in Las Vegas, confirming that Toyota was not involved in merger discussions. Toyoda stated that even if Nissan had approached Toyota, anti-monopoly laws likely would have prevented such a union.
Instead, Nissan and Honda are set to begin merger talks this year, aiming for a combined entity by late summer 2026. Toyoda, who served as CEO for over a decade, also discussed the challenges facing the Japanese auto industry amidst the shift toward electric and software-defined vehicles, while acknowledging the rapid advancements of China's car sector
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Honda and Nissan Explore Merger to Rival ToyotaHonda Motor Co. and Nissan Motor Co. are in talks to merge, potentially creating a formidable competitor to Toyota Motor Corp. in Japan and globally. The proposed merger, still in preliminary stages, could involve a new holding company, with Mitsubishi Motors Corp. possibly joining the alliance.
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Carlos Ghosn Warns of 'Carnage' in Honda-Nissan MergerFormer Nissan CEO Carlos Ghosn expresses concerns about a potential merger between Nissan and Honda, predicting that Nissan would suffer as the smaller partner.
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Nissan, Honda Shares React to Merger SpeculationNissan's stock surged while Honda's dipped after reports that the Japanese automakers might merge under a holding company. The Nikkei newspaper reported that Honda and Nissan are planning to sign a memorandum of understanding soon, potentially bringing Mitsubishi Motors, in which Nissan holds a 24% stake, under the umbrella. While Nissan confirmed exploring collaboration possibilities, no decisions have been made.
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