Top Japanese carmakers Nissan Motor and Honda Motor are understood to be exploring a blockbuster merger, as the two rival companies seek to stay competitive on the road to full electrification.
The prospective tie-up could create the world's third-largest auto group by vehicle sales, with 8 million sales annually, according to Citi.
"It's been struggling in the market, it's been struggling at home, it doesn't have the right product line-up. There are so many warning signs, so many red flags around Nissan at the moment that something had to happen," he added."Whether this is the answer is another question.
"At a minimum, we think Nissan needs to clarify where its particularly complex capital relationship with Renault, which involves the French government, will end up and also provide details on the restructuring proposal it announced," Kishimoto said in a research note published Wednesday. "You have to bear in mind that this would have to come with the Japanese government's blessing because there is the potential for workforce cuts but then, how are the Japanese automakers going to compete with the low-cost vehicles from China?" Guthrie said.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Nissan and Honda in Merger Talks to Bolster EV CompetitivenessJapanese auto giants Nissan and Honda are reportedly considering a merger to compete effectively in the rapidly evolving electric vehicle market.
Fonte: nbcchicago - 🏆 545. / 51 Leggi di più »
Honda and Nissan in Merger Talks Amidst EV CompetitionReports indicate that Japanese automakers Honda and Nissan are in discussions to merge, seeking to bolster their position against dominant electric vehicle manufacturers like Tesla and BYD. While both companies haven't confirmed the merger, they acknowledged exploring future collaboration possibilities. This news comes as both companies grapple with challenges in the rapidly evolving EV market and strive to remain competitive.
Fonte: nypost - 🏆 91. / 67 Leggi di più »
Honda, Nissan allegedly planning to start merger talks in light of EV competition: reportHonda Motor and Nissan Motor are reportedly set to start negotiating a potential merger between their companies soon, according to Japanese media.
Fonte: fox32news - 🏆 547. / 51 Leggi di più »
Nissan and Honda in Talks for Mega Merger to Fuel Electric Vehicle RaceTop Japanese automakers Nissan and Honda are reportedly in discussions for a major merger, aiming to bolster their competitiveness in the rapidly advancing electric vehicle market. The potential tie-up could result in the world's third-largest auto group by vehicle sales, with an estimated 8 million units annually. This move comes amidst increasing global competition from established EV players like Tesla and BYD, as traditional auto giants grapple with the shift towards electric mobility.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »
Nissan, Honda Confirm Talks on Closer Collaboration but Not a MergerNissan and Honda are exploring deeper ties but haven't agreed to a merger. The news sent Nissan's stock soaring while Honda's dipped. Both companies emphasized that no final decisions have been made.
Fonte: CBS21NEWS - 🏆 304. / 63 Leggi di più »
Nissan and Honda Deny Merger Talks but Confirm CollaborationWhile Nissan and Honda have confirmed discussions for closer collaboration, they denied reports of a merger. The news, however, sparked volatility in the share prices of both companies. The move comes amid increasing competition from Chinese automakers and a global shift towards electric vehicles.
Fonte: News4SA - 🏆 251. / 63 Leggi di più »