Nissan and Honda merge, not surprising

[boatpi]

Mitsubishi will be in the mix at times. I saw this coming, former CEO of Nissan was a joke, failed to build hybrids. Just like Stellantis (RAM DODGE Chrysler). Even Stellantis just hired back Tim Kunksikus, to RAM , smart move and he immediately saved the Hemi and Hellcat Durango. He was Hemi king until former CEO thought EV would be widely sold, dope.

TOKYO -- Japanese automakers Honda and Nissan have announced plans to work toward a merger, 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.

Honda's president, Toshihiro Mibe, said Honda and Nissan will pursue unifying their operations under a joint holding company. Honda will initially lead the new management, retaining the principles and brands of each company. The aim is to have a formal merger agreement by June and to complete the deal and list the holding company on the Tokyo Stock Exchange by August 2026, he said.

No dollar value was given and the formal talks are just starting, Mibe said.

There are "points that need to be studied and discussed," he said. "Frankly speaking, the possibility of this not being implemented is not zero."

 

[Sleek-Jet]

As long as they don't end up making Honda into Nissan, probably not a bad plan.

Mitsubishi is interesting addition, since they are a huge conglomerate, I wonder if they are going to spin off their automotive arm? They jointly developed the new Pathfinder/Outlander with Nissan. I know those cars aren't popular here, but are elsewhere in the world. Also, their Hybrid technology is on point and I would hope is more widely adopted.

 

[Gelcoater]

Hondissan?

 

[Mandelon]

So Honda can get a real truck instead of the Ridgeline. Good for them. The new Nissan Frontier looks pretty decent. I have never really liked the Titan. I can't think of too many Nissan cars.... Maxima and Altima is about all I know. Does this include the Infinity mark I wonder. I would assume so.

Japanese styling was shit for a few years, but seems to be back on track again. Camry is sporty once again and less grandpa like. LOL The Hondas are sportier than before too. Acuras are better as well.

I see just a ton of KIA and Hyundai cars on the road lately. But you never see an old one of them, LOL.. They seem like disposable cars.

Vinfast. A Vietnamese car is out there too, I have seen only a few of them.

 

[TPC]

The Titan has been dropped from production.
Talk is the Frontier is way improved and ya get a non turbo V6 for a reasonable price.

Tiny bed too small for the stuff the Wifie hauls around. Wifie kept her 2500 HD.

We have a Deposit on the Scout Harvester.

1000 ft lb / 1000 hp. Is the takes in the car rags after interviews with the head of Scout.
Full size spare
EV w/ built in generator 550 mile range.
Built in compressor control tire pressure from the dash.
Lockers front & rear w/air springs suspension.
800 Volt Architecture - a BFD.
Tows 10,000 lb.
To be built in the USA.

 

[Rennsport]

Hondissan?

no, Honda-san

 

[Ziggy]

Hondissan?

no, Honda-san

No, HonDatsun

 

[DarkHorseRacing]

Interesting, Mitsubishi also has a stake in Subaru. Subaru doesn't build EVs either, they borrowed from Toyota for theirs.

Maybe the entire Japanese car industry should just conglomerate?

Honda-san-yota-uru?

 

[Outdrive1]

Nissonda

 

[TrollerDave]

I see just a ton of KIA and Hyundai cars on the road lately. But you never see an old one of them, LOL.. They seem like disposable cars.

Nail on the head. I know a few people with Kia’s and Hyundai and all have had to replace engines around 100K miles. It seems to be an issue with them. You see a lot of them because they are so much cheaper to buy than Honda or Toyota. But there’s a reason I guess.

 

[HB2Havasu]

I can't see the benefit to Honda in this merger unless they just need more manufacturing space? The only Nissan vehicles I can understand keeping is the Z Car, GT-R, and maybe the Frontier Truck, and possibly bring back the Titan Truck if they can introduce Honda Quality into that truck?

 

[TPC]

In Japan it's called Keiretsu​

"The keiretsu system is traditionally structured along a horizontal or vertical integration model.

A horizontal keiretsu is characterized by an alliance of different companies from various sectors, including a bank. The bank is the centerpiece of the network and is responsible for providing the other companies with financial services.

The purpose of horizontal keiretsus is to distribute goods around the world. Keiretsus seek new markets for keiretsu companies, help establish keiretsu companies in other countries, and sign contracts with other international companies that supply commodities used in Japanese industry.

In contrast, a vertical keiretsu refers to manufacturers, suppliers, and distributors partnering up. With a common goal, they work together to cut costs and become more efficient. Vertical keiretsu's are a group of companies within the horizontal keiretsu." - WSJ

 

[DrunkenSailor]

The only vehicles Honda doesnt currently build is a full size truck/suv or gtr equivalent. None of these are class leaders or even great competitors. If Honda wanted to build a full size truck/SUV developing it themselves would probably yield better results.

The z is a decent car but they aren't selling and Honda has a new prelude coming. The gtr technology is ancient and is being discontinued this year.

Honda sells 100k more crvs than Nissan sells rogues in a year both are the companies most popular cars. By merging the would be equal to rav 4 sales numbers of 400k plus a year.

A Toyota Honda arms race over the next few years could be a good thing.

 

[TPC]

Like it or not electric/range extending gas-electric is in the future and at one time both companies built pretty good electric cars back when they were required in Cali.

I think in order to compete with China they'll have to set up production in 3rd world countries and pool talent and resources.

 

[Kachina26]

Nail on the head. I know a few people with Kia’s and Hyundai and all have had to replace engines around 100K miles. It seems to be an issue with them. You see a lot of them because they are so much cheaper to buy than Honda or Toyota. But there’s a reason I guess.

I went 250k on my 2004 Accent with only a clutch replacement, a wheel hub, tires and batteries before being taken out by a geezer with Parkinson’s.

Wife’s 2006 Tucson did close to 300k with only an alternator before I decided to dump it. I’m a fan of sell them while you still like them.

I imagine most don’t last long because most owners are too cheap to keep up on maintenance.

 

[rush1]

Toyota says electric is not the way forward .

Total EV Adoption Is Not The Way Forward, Says Toyota Chairman

Former Toyota CEO, Akio Toyoda, believes that battery electric vehicles (BEVs) are not the final answer, and is not afraid to say so.

www.forbes.com