Revelations this week that Honda and Nissan are in merger talks should come as no surprise: The canaries have been dying in the automotive industry’s version of coal mines for some time.
Stellantis, the parent company of Chrysler, Jeep, Fiat and Peugeot, shocked investors in October with an earnings warning reflecting weak demand and rising inventories, particularly in the all-important U.S. market, and the looming threat of Chinese exports. The situation was so dire – and without a credible path to a solution – it cost CEO Carlos Tavares, one of the auto industry’s visionaries, his job.
That’s because for Nissan, this is a case of surviving, not thriving. The automaker has been struggling, with a lineup of unpopular models, a consistent failure to command a strong presence in the all-important North American market, and a complicated financial tie-up with Renault that includes interest by the French government.
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Nissan, Honda Deny Merger Talks, But Confirm CollaborationNissan and Honda stocks reacted sharply after reports of a potential merger. While both companies denied a merger decision, they confirmed discussions for closer collaboration. The move is seen as a strategic response to the growing dominance of Chinese automakers in the electric vehicle market.
مصدر: CP24 - 🏆 30. / 67 اقرأ أكثر »
Nissan and Honda Deny Merger Reports, but Confirm Cooperation TalksNissan and Honda are in talks about closer collaboration, but have denied reports of a merger. The news sent Nissan's share price soaring while Honda's dipped. Mitsubishi Motors is also part of the discussions.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Honda and Nissan Reportedly Consider Merger to Combat Chinese AutomakersHonda and Nissan are exploring a merger to solidify their position against the rising dominance of Chinese automakers in the global electric vehicle market.
مصدر: CBCNews - 🏆 2. / 99 اقرأ أكثر »
Nissan, Honda Denying Merger Rumors, Exploring Closer CollaborationNissan and Honda are in talks about closer collaboration, but deny reports of a merger. The news sent Nissan's share price soaring while Honda's dipped. Mitsubishi Motors, a member of Nissan's alliance, is also involved in the discussions.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Nissan, Honda mull merger to counter Chinese EV challengeNissan's share price surged after reports of a potential merger with Honda, forming the world's third-largest automaker. The companies confirmed discussions about future collaboration but denied any decisions. The move aims to counter the rise of Chinese electric vehicle makers like BYD and Nio, which are gaining market share globally. Nissan, Honda, and Mitsubishi have already announced plans to share EV components and collaborate on autonomous driving software.
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »