- cross-posted to:
- world
- cross-posted to:
- world
Summary
Honda, Nissan, and Mitsubishi have confirmed merger talks to form the world’s third-largest carmaker by annual sales, aiming to tackle challenges from Chinese competition and the shift to electric vehicles.
The proposed merger, through a joint holding company, seeks to combine resources as Japan’s automakers struggle with declining sales and costly EV transitions, lagging behind leaders like Toyota and Chinese rivals BYD.
Nissan’s former CEO Carlos Ghosn criticized the plan, citing overlapping operations, while executives called it a pivotal move amid unprecedented industry changes. Mitsubishi will decide on joining by January’s end.
I’m not a car person, clearly. What I do know is when I price checked small trucks in 2020, the basic, no frills Nissan Frontier and Chevy Colorado cost exactly the same.
Tacoma was $10k more, again, for the basic.
By basic I mean: 2w drive, manual, roll windows, etc.
Yeah, that’s the Colorado WT, WT stands for work truck. It’s a great vehicle if you just need a work truck. It’s still pretty good as an every day vehicle too, if you don’t care about the extras.