Honda and Nissan are expected to sign a memorandum of understanding on the 23rd and enter into full-scale discussions toward a business integration, aiming to reach a final agreement in June next year. The two companies are considering establishing a new holding company to merge, and the president of the new company will be selected from among the directors nominated by Honda. Honda and Nissan Motor Co., Ltd. are expected to hold board meetings on the 23rd and sign a memorandum of understanding to enter into full-scale discussions toward a business integration. The two companies aim to reach a final agreement by June next year, and if the merger goes ahead, it will create a group that will be the third largest in the world in terms of vehicle sales. According to sources, the two companies are considering establishing a holding company by the summer of 2026 and integrating each company under its umbrella, and the president of the holding company will be selected from among the directors nominated by Honda. Honda also intends to appoint the majority of both the inside and outside directors of the holding company. The heads of both companies will visit the Ministry of Economy, Trade and Industry and the Ministry of Land, Infrastructure, Transport and Tourism on the morning of the 23rd to report that they will be entering into merger discussions, and will hold a press conference in the afternoon. The head of Mitsubishi Motors Corporation, of which Nissan is the largest shareholder, is also expected to attend and officially announce that they are considering joining the discussions. The background to the discussions on a business merger is that the competitive structure of the automotive industry is changing dramatically as emerging manufacturers such as America’s Tesla and China’s BYD increase their presence through the development of EVs (electric vehicles), autonomous driving, and software that is expected to hold the key to competition in the future. Development in these fields requires huge investments, and the two companies hope that by integrating they will be able to share development costs and improve management efficiency, thereby increasing their competitiveness. nhk December 23, 2024 11:29.
>>11 Just like with Sharp, a Taiwanese company will offer a good deal, Nissan management will wag their tails and jump at it, and they’ll be shocked later.
In the case of Nissan, not only is the management incompetent, but the labor union is also crap, so if they don’t do something about that, it will only become a hindrance to Honda.
The Ministry of Economy, Trade and Industry is also desperate. They want to form a group with Honda, Nissan and others, or split it into two with the Toyota alliance.
Honda is a unique company, so I’m worried that things might change. Something like spirits. It would probably be better to operate them separately rather than fully integrating them.
e-power is essentially just a lower-level compatible version of ehev, so this is the right answer. With the existing power unit, cafe is at a disadvantage.
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