Could a Honda-Nissan Merger Save Japan's Auto Industry?

  • 📰 InsideEVs
  • ⏱ Reading Time:
  • 75 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 51%

Automotive News

Honda,Nissan,Merger

Nissan and Honda are reportedly in talks to merge, a move that could drastically reshape the Japanese auto industry. The news comes as Nissan struggles with declining sales and profits, while Honda remains more profitable. This article explores the potential implications of such a merger for both companies and the wider auto sector.

The news sent shockwaves across the auto industry, Wall Street and even the consumer space: Struggling Japanese automaker Nissan may merge with considerably less struggling Japanese automaker Honda. If you own, have owned or are a fan of either brand, this may come as a total surprise to you, and that's understandable. But I'm about to fill you in on why this might be happening and what it means for the entire car business as a whole.

That's the lead item on this midweek edition of Critical Materials, our morning news roundup. Make sure you subscribe to our newsletter in the link below and check out the Plugged-In Podcast from InsideEVs, with new episodes dropping on audio platforms and YouTube on Fridays. Also on tap today: some good news on the EV charging front, even with President Donald Trump coming in with a vendetta against electric funding. Let's dig in. 30%: A Honda-Nissan Merger Could Save Japan Inc. From Disaster, Or Fix Nothing Photo by: Nissan Honda Nissan Mitsubishi Partnership I've actually been inundated with text messages about this news from my normal friends and family members—you know, people who don't fastidiously read automotive trade publications, Bloomberg and the Financial Times multiple times a day. 'Wait, Nissan and Honda?' they ask. 'What's wrong with Nissan? Or Honda?' That's because most people don't understand the rough shape that Nissan, specifically, is in these days. It's just kind of one of those normal, everyday car brands that people buy when they don't want to think that much about buying a car, or its specs, or how it looks—they need something new and they need a good deal. But that's the problem. That's what that brand has become in the U.S., its biggest and most important global market. What people don't realize is that Nissan's sales and profits here and worldwide have been tanking for years now. Dealer profits in the U.S. are down 70% year-over-year

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 579. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Honda and Nissan Reportedly in Merger TalksJapanese automakers Honda and Nissan are exploring the possibility of a merger to strengthen their position in the competitive automotive market.
Source: nbcchicago - 🏆 545. / 51 Read more »

Honda and Nissan in Merger Talks to Boost CompetitionNissan and Honda are reportedly in talks to merge, aiming to strengthen their position in the fiercely competitive automotive industry. The potential merger, which could involve a holding company structure, would be the largest in the industry since Fiat Chrysler and PSA Groupe united.
Source: CNBC - 🏆 12. / 72 Read more »

Nissan and Honda in Merger Talks to Bolster Global Automotive PresenceNissan and Honda are reportedly in discussions for a potential merger, aiming to strengthen their position in the evolving automotive landscape. The Nikkei reports that both companies are exploring a holding company structure and plan to sign a memorandum of understanding soon.
Source: NBCLA - 🏆 319. / 59 Read more »

Japan's Honda and Nissan to reportedly begin merger talksNissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Honda and Nissan in Merger Talks to Combat EV CompetitionFacing pressure from Chinese EV manufacturers, Honda and Nissan are considering a merger to bolster their position in the electric vehicle market. The potential merger would involve creating a new holding company and could also include Mitsubishi.
Source: verge - 🏆 94. / 67 Read more »

Honda and Nissan Deny Merger Talks Amidst EV CompetitionHonda and Nissan have denied reports of merger talks by Nikkei, stating they are exploring various possibilities for future collaboration. The companies aim to leverage their strengths and will inform stakeholders of any updates. This comes amidst increasing competition from Chinese EV makers, pressuring legacy brands to prioritize profitability in their EV ventures.
Source: Investingcom - 🏆 450. / 53 Read more »