RSS Honda and Nissan are set to announce launch of integration talks

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 RSS Honda and Nissan are set to announce launch of integration talks

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Rumours of this from last week:


More emerging now, with Honda and Nissan set to announce discussions on business integration on Monday, according to unnamed sources.


  • Details of Integration Talks:
    • Board meetings and a joint press conference, also involving Mitsubishi Motors, will take place on Monday.
    • A potential merger could form the world’s third-largest auto group by sales, following Toyota and Volkswagen.

  • Motivations and Challenges:
    • Both companies face competition from Tesla and Chinese manufacturers, along with declining sales in key markets like China and the U.S.
    • Past collaborations include electrification, software development, and joint research.

  • Integration Possibilities:
    • Proposals include Honda supplying hybrid vehicles to Nissan and shared use of Nissan's UK factory.
    • Finalization of integration talks is targeted for June 2025.

  • Stakeholder Views:
    • Renault, Nissan’s top shareholder, supports the idea in principle and is evaluating its implications.
This article was written by Eamonn Sheridan at www.forexlive.com.
 
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