Deal would create world’s third-largest carmaker with £46bn annual sales amid competition from China

Summary

Honda, Nissan, and Mitsubishi have confirmed merger talks to form the world’s third-largest carmaker by annual sales, aiming to tackle challenges from Chinese competition and the shift to electric vehicles.

The proposed merger, through a joint holding company, seeks to combine resources as Japan’s automakers struggle with declining sales and costly EV transitions, lagging behind leaders like Toyota and Chinese rivals BYD.

Nissan’s former CEO Carlos Ghosn criticized the plan, citing overlapping operations, while executives called it a pivotal move amid unprecedented industry changes. Mitsubishi will decide on joining by January’s end.

  • SpiceDealer@lemmy.world
    11·
    4 days ago

    Alright, HonNisubishi. Since you want to buck antitrust laws, let me give you my (totally unqualified) opinion on what you should do going forward:

    1. Decrease your production of personal automobiles and start producing vehicles for the public transit sector. Our cities are choked with cars (some of them yours) and city planners will surely want to place a limit on the number of cars in our cities.

    2. Since Honda already makes motorcycles, make more of those but electric. Hell, you’re already showing that you hate competition you might as well buy out Zero Motorcycles which will give a nice head-start in the market.

    3. Discontinue all your gas-powered vehicles and produce electric ones. Yes, this contradicts my first point but some people will still choose to drive so force them to be somewhat environmentally conscious. Your bottom line will thank you.

    4.BRING BACK THE S2000 AND SKYLINE GT-R AS ELECTRIC SUPERCARS.!!!