How Will a Merger of Honda and Nissan Affect the Auto Industry?

[TBoneTX 45,783]

Thoughts on this?

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How Will a Merger of Honda and Nissan Affect the Auto Industry?

 

Two Japanese automakers are merging and planing to create the third-largest auto manufacturer in the world.  It's a move that hopes to rejuvenate the Japanese auto industry.

"Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world's third-largest automaker by sales, as the industry undergoes dramatic changes in its transition away from fossil fuels," the Associated Press reports.  "The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors Corp. also had agreed to join the talks on integrating their businesses."

The two companies want to fast-track the merger.  They're aiming at drafting a formal merger agreement by the summer and putting the new company on the Tokyo Stock Exchange by August 2026.  The merger would put the new company just behind Toyota and Volkswagen as the third-largest automaker worldwide.  [...]

 

https://pjmedia.com/chris-queen/2024/12/23/how-would-a-merger-of-honda-and-nissan-affect-the-auto-industry-n4935379

[Boiler 45,852]

The concern is that the Chinese will buy say Nissan as a front, if not Nissan it will be another.

[TBoneTX 45,783]

11 hours ago, Boiler said:

The concern is that the Chinese will buy say Nissan as a front, if not Nissan it will be another.

I didn't think about that, but it's certainly possible.