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- cross-posted to:
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Summary
Merger talks between Honda and Nissan have collapsed due to disagreements over Nissan’s role in the deal.
The proposed $60 billion tie-up aimed to strengthen both companies against growing Chinese competition in the electric vehicle market.
Nissan, struggling with declining sales and past leadership turmoil, sought relief, while Honda held a stronger position.
Analysts warn Nissan now faces an uncertain future, though Taiwan’s Foxconn has shown interest in investing.
Thank fuck. Keep your Nissan away from my Honda.
Please. Honda is one of the only car manufacturers, and companies I still find to strive for any sort of reliability. Though I am not fond of their cvt transmission in their newer year models… I know, they are not the nissan ones, but I still hear of some failing before 50k and around 100k miles.