How Nissan and Honda's $60 billion merger talks collapsed
neuters.de
Intransigence, combined with what Honda management saw as Nissan's slow decision-making, helped torpedo a deal that would have created one of the world's largest automakers.

Summary

  • Nissan’s pride and denial hindered merger talks, sources say
  • Honda pushed Nissan for deeper cuts to jobs, factory capacity, sources say
  • Nissan unwilling to consider factory closures, sources say
  • Honda’s proposal to make Nissan a subsidiary caused tensions, sources say
  • Altima NEO@lemmy.zipEnglish
    0·
    11 days ago

    More Nissan for me!

    But yeah, Nissan seems to be making some nicer cars lately. Hopefully they can shake off the bad two gained by Goghn’s cost cutting and bad cuts. Plus, Nissan actually makes electric cars, something Honda, I don’t believe, hasn’t even attempted yet. They had a sweet deal with GM, and they dropped the partnership. Nissans got the Leaf and Aria, and there’s rumors of them using Mitsubishi’s hybrid system in the upcoming years.

    • RxBrad@infosec.pubEnglish
      0·
      10 days ago

      I do worry about Nissan’s future when they seem to be about this close to operating with zero profits.

  • Phoenixz@lemmy.caEnglish
    0·
    10 days ago

    How about YAY!?

    We need more smaller brands, not less bigger brands. It ALWAYS without exception leads to a destination where consumers get screwed.

    I celebrate this failure, let them compete and let more smaller brands pop up, please