Nissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported.
    • empireOfLove2@lemmy.dbzer0.comOPEnglish
      1·
      1 hour ago

      Ehhh we’ll see. I feel this is more a takeover of Nissan than anything else since Honda’s market position and corporate structure is so much stronger.

      When Chrysler merged into Fiat becoming FCA, Fiat was the weaker player, but Chrysler had the most institutional level problems (and honestly always have). The merged entity ended up getting the bad baggage from both. In this case Honda has a lot better position to drive real improvements in Nissan.

  • dan1101@lemm.eeEnglish
    7·
    5 hours ago

    Honda must be in worse shape than I thought to consider merging with Nissan.

  • Someonelol@lemmy.dbzer0.comEnglish
    12·
    10 hours ago

    Can’t think of any modern mergers that didn’t result in a worse situation than it started. Stellantis has been the biggest train wreck so far. Honda and Nissan don’t deserve a bad future like this.

  • David_Eight@lemmy.worldEnglish
    18·
    19 hours ago

    I mean for Nissan it’s either this, get bought out by the Chinese, or closer down. I think this is the best outcome of a bad situation.

    • jonne@infosec.pubEnglish
      15·
      18 hours ago

      Nissan has a head start when it comes to electric cars, and Honda really missed the boat on that one, so hopefully some cool electric cars come out of this synergy.

      • CmdrShepard42@lemm.eeEnglish
        71·
        15 hours ago

        I wouldn’t say they have much of a head start. They did come out with the Leaf pretty early on but they didn’t really capitalize on that and their design is quite dated by this point.

    • Free_Opinions@feddit.ukEnglish
      2·
      14 hours ago

      Been my daily driver for the past 7 years. Well, not Frontier exactly but Navara which is the European equivalent with the main difference being the 2.5 litre turbo diesel engine.