At this stage, the details of the deal are
Posted: Sat Jan 04, 2025 4:57 am
Major US banks to bail out First Republic Bank with $30 billion loan 00:15 - 18.03.2023 2024 What will 2024 be like for the global economy? – Predictions and expectations 23:55 - 08.01.2024 Why did HONDA and NISSAN decide to merge? Honda Nissan Giorgi Tolordava 19.12.24 09:15 • 383 The automotive industry is facing a major deal, as Japanese giant Honda has apparently decided to merge with rival Nissan.
unknown, but we can say for sure that the goal of the merger of the companies is to create a new generation of EV platforms and provide proper competition to Chinese companies with new zealand fax data cars created by united forces. Obviously, this merger does not imply equality, and Honda will assume the role of Nissan's owner rather than a direct partner, which is due to the fact that Honda is almost 4 times larger than Nissan, which is on the verge of bankruptcy.
Yes, we didn't mention bankruptcy for nothing, because Nissan is another company that could not withstand the pressure of Chinese competitors and found itself on the verge of financial collapse. As the Financial Times report shows, if the current situation does not change and the company's restructuring strategy fails, then in about 1 year Nissan will have to declare bankruptcy and suspend production.
unknown, but we can say for sure that the goal of the merger of the companies is to create a new generation of EV platforms and provide proper competition to Chinese companies with new zealand fax data cars created by united forces. Obviously, this merger does not imply equality, and Honda will assume the role of Nissan's owner rather than a direct partner, which is due to the fact that Honda is almost 4 times larger than Nissan, which is on the verge of bankruptcy.
Yes, we didn't mention bankruptcy for nothing, because Nissan is another company that could not withstand the pressure of Chinese competitors and found itself on the verge of financial collapse. As the Financial Times report shows, if the current situation does not change and the company's restructuring strategy fails, then in about 1 year Nissan will have to declare bankruptcy and suspend production.