By Free Republic | Created at 2024-12-23 14:10:53 | Updated at 2024-12-25 17:48:25
2 days ago
Nissan, Honda announce plans to merge, creating world’s No. 3 automaker
New York Post ^ | 12/23/2024 | Associated Press
Posted on 12/23/2024 5:59:43 AM PST by vespa300
Japanese automakers Honda and Nissan have announced plans to join forces, forming the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.
The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses.
“We anticipate that if this integration comes to fruition, we will be able to deliver even greater value to a wider customer base,” Nissan’s CEO Makoto Uchida said in a statement.
(Excerpt) Read more at nypost.com ...
TOPICS: Chit/Chat
KEYWORDS: honda; nissan
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I like my Nissan Frontier.
1 posted on 12/23/2024 5:59:43 AM PST by vespa300
To: vespa300
Wow…I don’t know about this.
This could be bad for Honda. Unless they intend on using the original Japanese quality Nissan plants and not the crap Nissan that merged with both low quality FIAT AND RENAULT.
2 posted on 12/23/2024 6:04:29 AM PST by Phoenix8
To: vespa300
I hope they have fixed them Nissan transmissions!
3 posted on 12/23/2024 6:04:45 AM PST by weezel
To: vespa300
"I like my Nissan Frontier."
I like mine as well, and I'm looking for a new one... :)
4 posted on 12/23/2024 6:07:35 AM PST by unread (I pledge allegiance to the flag of the United States of America, and to the REPUBLIC..!)
To: vespa300
There goes the 6 cylinder replaced by a 4.
To: vespa300
Nissan Is Cutting 9,000 Jobs—And Slashing Its CEO’s Pay in
Half In 2022, Makoto Uchida’s salary was approximately $4.5
million.Nov 7, 2024
***************
A dollar here and a dollar there won’t hurt him too much.
6 posted on 12/23/2024 6:09:08 AM PST by deport
To: Phoenix8
Shades of Packard and Studebaker, AFAIK Nissan has been in trouble for years, so sounds like trouble ahead.
7 posted on 12/23/2024 6:09:28 AM PST by Mastador1
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