Rumors about this from last week:
More is emerging now, with Honda and Nissan set to announce business merger talks on Monday, according to unnamed sources.
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Details of integration discussions:
- Board meetings and a press conference, also involving Mitsubishi Motors, will be held on Monday.
- A merger could become the world's third largest car group by sales, after Toyota and Volkswagen.
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Motivations and Challenges:
- Both companies face competition from Tesla and Chinese manufacturers, as well as declining sales in key markets such as China and the US
- Past collaborations include electrification, software development, and joint research.
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Integration Capabilities:
- Among the proposals are Honda supplying hybrid vehicles to Nissan and shared use of the Nissan factory in the UK.
- The aim is to conclude integration talks for June 2025.
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Stakeholder views:
- Renault, Nissan's main shareholder, supports the idea in principle and is assessing its impact.
This article was written by Eamonn Sheridan at www.forexlive.com.
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