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Transportation Businesses Japan

Japan's Honda and Nissan To Reportedly Begin Merger Talks (cnbc.com) 39

Posted by BeauHD from the rapidly-changing-industries dept.
Japanese automakers Honda and Nissan are reportedly in merger talks to form a holding company, potentially integrating Mitsubishi Motors to compete with industry giants like Toyota and Volkswagen. CNBC reports: The combined Nissan-Honda-Mitsubishi enterprise would equate to more than 8 million vehicle sales annually, according to Nikkei. That would place the company among the world's largest automakers, but still below fellow Japanese automaker Toyota Motor, at 11.2 million in 2023, as well as German automaker Volkswagen, which last year reported sales of 9.2 million vehicles.

The merger report follows the two Japanese automakers entering into a strategic partnership earlier this year on shared automotive components and software. Such a tie-up would be the largest automotive industry merger since Fiat Chrysler joined with France-based PSA Groupe to form Stellantis in January 2021. Honda and Nissan said in similar statements: "The reported content was not released by our company," Honda said. "As announced in March of this year, Honda and Nissan are exploring various possibilities for future collaboration, leveraging each other's strengths. We will inform our stakeholders of any updates at an appropriate time."

Japan's Honda and Nissan To Reportedly Begin Merger Talks More | Reply

Japan's Honda and Nissan To Reportedly Begin Merger Talks

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  • Remember... (Score:4, Insightful)

    by Valgrus Thunderaxe ( 8769977 ) on Tuesday December 17, 2024 @05:49PM (#65020737)
    There was a time, not that long ago (~2000, in the Year of Our Lord), where Honda had the NSX, S2000, Prelude, Civic and Del Sol Si and Integra Type-R all in their catalog, at the same time.

    Just let this FACT sink in, for just a minute, and contemplate how the MIGHTY have fallen.

    • Just let this FACT sink in, for just a minute, and contemplate how the MIGHTY have fallen.

      It wasn't long after that, somewhere around 2006(?), where the quality of Honda vehicles fell off. It came down to beancounters trying to scrape a penny or two here and there. The insides of those vehicles looked and felt like plastic and didn't have much in the way of aesthetics. I had to drive one while my car is in the shop, and even though I was driving a ten year old Honda, mine felt and looked better than the l

    • Re: (Score:3)

      by AmiMoJo ( 196126 )

      Honda has been struggling to make the transition to EVs. Nissan started well but haven't put enough effort into keeping current. Maybe together they can get back on track.

      The Ariya is a great car. They just need more EV models. Honda's e was the best HMI on the market, but the follow up e:NY1 or whatever it's called is a very mediocre EV.

    • NSX was beautiful but sold few units on account of being very expensive.

      S2000 was beautiful but had an open rear diff and raised a rear wheel off the ground during hard cornering, what a piece of shit.

      All those other cars are wrong wheel drive.

      At one time, not all that long ago (~2000 as well) Nissan had the Silvia (best drift car of all time), Skyline (the Battle King) and the 300ZX (pretty heavy, but it could keep its wheels on the ground) as well as the Sentra SE-R all at the same time.

      Cry not for Honda,

    • Re: (Score:2)

      by fjo3 ( 1399739 )
      2000 ITR owner here. #1355. The golden age of Honda is over, and I'm a Toyota man now, but I sure miss the Honda of the 1980s through the early 2000s. That era is not coming back, but it was an exciting time to be an affordable car enthusiast! I'm lucky to be alive - I used to regularly take my Integra all the way to bouncing off of the redline in 5th gear, 145 mph, on deserted highways. The B18C5 is a hell of a great engine.
  • so really hoping this fallls through. I swear Nissan's the Japanese AMC, given that every company that buys AMC turns to garbage.

    • Re: (Score:2)

      by dfghjk ( 711126 )

      How many companies have bought Nissan? I fail to see any analogy here at all.

      For that matter, how many companies bought AMC? One? And Jeep worked out pretty well for them.

      Nissan is up and down, they seem to suffer from not knowing how to sustain success or present a consistent marketing image. Honda may be good for them.

      • Re: (Score:1)

        by vivian ( 156520 )

        Don't know about companies, but my far the most fun car to drive I ever had was around 2000, when I owned a GTR33 v spec that I imported from Japan to the UK, which was only surpassed by my CBR900 motorcycle for grin factor when touring europe and especially on the autobahn.
        If they had better security installed in that I might still own it. Sadly it was stolen while I was away in Aus one Christmas and probably ended up in Russia before I even knew it was gone.

        On the other hand my brother's manual Nissan X-

  • Is this the Japanese ver. of Boeing Mcdonnell? (Score:2, Interesting)

    by Anonymous Coward

    Nissan is crap, and they tried to imprison their CEO under pretty poorly evidenced charges.

  • JFC no (Score:3)

    by rsilvergun ( 571051 ) on Tuesday December 17, 2024 @06:00PM (#65020787)
    Just no. No more mergers.

    This is the inevitable result of this last election. It's open season on us consumers. It's a miracle we managed to kill the Albertsons/Kroger merger. I knew the good times couldn't last.

    • This is the inevitable result of this last election.

      Did Japan have an election?

    • Re:JFC no (Score:4, Insightful)

      by dfghjk ( 711126 ) on Tuesday December 17, 2024 @06:07PM (#65020809)

      Right, a Japanese merger is the result of the recent American election. It's all about you, isn't it?

    • >"This is the inevitable result of this last election. It's open season on us consumers."

      I keep thinking you can't possibly be more insanely political about EVERYTHING and you keep lowering the bar.

      >"I knew the good times couldn't last."

      Right, the last several years have been "good times"? Wow.

      How about posting on the ACTUAL TOPIC of the merger? Not all mergers are bad for consumers. Not all are good either. It very much depends on a lot of factors, because that is the way the real world is- compl

      • Re: (Score:1)

        by Anonymous Coward
        Your problem as always is that you do not realize your own perspective is limited. You do not understand or comprehend much beyond your immediate experience, and your experiences are not very comprehensive or applicable. There is more than one country in the world, particularly the one in the very first word of the current title. Japan is a democracy with elections for its leadership. Time will tell how long the US can continue as one for comparison.

      • Nissan's transmissions are terrible. Not sure if Honda automatics are any better.

  • Ghosn was the drive for Nissan's successes. Getting rid of him meant Nissan struggling, but the Japanese government wanted Nissan to forever be Japanese.

  • Nissan has been in my driveway for basically all of my adult life. I had a 1993 Pathfinder, 1994 Pathfinder, 2003 Pathfinder, 2012 Armada, and a 2017 Titan XD.

    Nissan has taken some missteps along the way for sure. Transitioning Pathfinder from a Truck body to a Unibody, and then to a glorified Altima chassis, was a good example. The latest rendition of the Pathfinder "CarUV" looks good, but still is nothing like the Pathfinders of yore which actually had good off-road capabilities and true four wheel drive.

  • The badge on the back of their vehicles would say DATSUN, by Nissan.

    • Re: (Score:2)

      by Temkin ( 112574 )

      The 240Z's & 260Z's were staples at my high school for the kids that couldn't afford the drying up 60's muscle cars. Nice tourquey inline 6 and a manual...

      I ended up with a 40hp VW with a 6v electrical system... At least it was easy to convert to 12v.

  • Unless they are selling huge numbers of cars in markets outside the US, they are already in a death spiral. I drive quite a bit for work and it's rare that I see 2 Mitsubishis of any model in 24 hours. Back in the 90s you could barely turn around without seeing an Eclipse somewhere; but they killed it off (the "Eclipse Cross" doesn't count at all; it's a four-door compact crossover) a few years back now. The "Evo" series sedans were cool competitors to the Subaru WRX but they are all but extinct as well.

  • So they will basically cannibalize each brand’s sales in a death spiral until the combined company is back to being the size of what each was prior to merger. And since they’ll be in reverse momentum they will shrink into bankruptcy. The only question is will Detroit companies beat them to bankruptcy?

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