Copypasta from Imgur:
Earlier this year, Honda and Nissan also signed an agreement that focused on jointly developing electric vehicles and automotive software.
Nissan is struggling and if the talks go through, the partnership would create the third-largest automaker in the world based on sales volume.
CEO Makoto Uchida reduced his salary by 50 percent.
That is the best thing I have ever heard about Datsun!
Over the next six months, the automakers will discuss merging their operations under a single holding company, with the goal of completing the merger by August 2026.
https://www.caranddriver.com/news/a6...-merger-plans/
With electric vehicle sales growth slowing and [First-Lady]-elect Donald J. Trump gearing up to eliminate E.V. tax incentives in the United States, automakers must figure out how to sustain investments in gasoline- and battery-powered cars for an extended period, said Takaki Nakanishi, head of the automotive consulting firm Nakanishi Research Institute in Tokyo.
[President-elect Musk will never allow that! Will he try to hurt ICE vehicles?]
Nissan sells more than three million vehicles a year, while Honda sells nearly four million. A merger would position them as the world’s third-largest automaker group, behind Toyota, whose brands sold 11 million vehicles last year, and Volkswagen, which sold nine million. Honda and Nissan together employ about 325,000 people.
Last year, Nissan and its longtime French partner, Renault, agreed to take steps to unwind their alliance. Around the same time, Honda and G.M. decided to scrap a plan to develop a line of lower-priced electric vehicles, less than two years after the companies announced the joint effort.
Under the automakers’ current market valuations, the combination would be worth more than $50 billion.
https://www.nytimes.com/2024/12/23/b...ger-talks.html
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