Re: [Rumour] Nissan and Honda (and Mitsubishi) to "merge"

BungleBob <[email protected]> Tue, 24 Dec 2024 10:54:21 +1300
Newsgroups alt.autos.nissan,alt.autos.mitsubishi,alt.autos.honda
Organization A noiseless patient Spider
Message-ID <[email protected]>
It looks like the "merger" is definitely happening (assuming it passes 
governmental approval processes), but it's still unclear exactly what 
it entails, whether it's a full corprate merger (Honsan? Nisda?) or 
simply another partnership agreement (like Toyota 86 / Subarau BRZ or 
Nissan's current partnership with Renault).


    Honda, Nissan Plan To Merge In 2026
    -----------------------------------
    Honda and Nissan joining forces is really happening, folks.
    The two Japanese automakers are looking to finalize their
    merger agreement as soon as June of 2025, which is in about
    six months if you haven't noticed. That quick turnaround
    means the marriage could be finalized in 2026.

    Their merger will be facilitated through the creation of a
    holding company, and don't worry Honda fanboys: it'll be
    headed by a president picked by Honda. That means you really
    don't have to freak out that Nissan will sully your precious
    little car company. From Bloomberg:

         The presidents of Honda, Nissan and Mitsubishi Motor
         Corp. - Nissan's junior partner - were seen entering
         and leaving Japan's transportation ministry on Monday
         morning, likely to inform officials of their plans to
         formally kick off merger talks.

         [...]

         Honda and Nissan are both facing significant
         challenges, with the latter in dire financial straits
         as a deluge of electric and hybrid vehicles from
         competitors in China forces legacy brands to pool
         resources.

         Nissan is in greater need of a turnaround due to
         cratering sales in the US and China, which have forced
         it to slash jobs, cut production capacity and lower
         annual profit outlook by 70%.

         Talks were initially complicated by Taiwanese
         manufacturer Hon Hai Precision Industry Co., which
         reportedly expressed an interest in acquiring Nissan.
         But the iPhone-maker known as Foxconn is pausing its
         pursuit for now to see how talks between the two
         Japanese companies unfold, a person familiar with the
         matter said last week.

         An alliance between Honda and Nissan - which could
         also include Nissan's junior partner Mitsubishi Motors
         - would effectively split Japan's automobile industry
         down the middle, pitting the trio against Toyota Motor
         Corp. and its partnerships with Mazda Motor Corp.,
         Subaru Corp. and Suzuki Motor Corp.

         Honda and Nissan had already begun laying the
         groundwork for a technical partnership earlier this
         year, announcing plans with Mitsubishi Motors to
         co-develop batteries, software and other EV
         technologies.

    If this deal really does go through, it'll create the world's
    third-largest automaker by sales, according to CNBC. The two
    companies would also combine for a value of nearly $54 billion,
    though to be fair, Honda's market cap contributes about
    $43 billion to that number.


    
<https://jalopnik.com/honda-and-nissan-to-merge-in-2026-creating-world-s-thi-1851727377> 





Similar article at BBC News
<https://www.bbc.com/news/articles/cwy3ljvv93lo>