Mike Codil, a car expert, joins Kabuto: from the coast to the coast, discussing the possibility of the merger of Honda and Nissan and how it affects the brand.
Nissan and Honda responded on Wednesday that there was a risk that the potential merger of companies could be abandoned.
The Wall Street Journal quotes people who are familiar with this problem, and since Nissan understands Honda and other options, the conditions proposed by Honda judge that it is not acceptable. He reported that he was squeezing a retreat from the memorandum from the option of. Nissan was planning to refuse Honda to think that Nissan is one of his subsidiaries, According to the outlet。
The Wall Street Journal quotes people who are familiar with this problem, and since Nissan understands Honda and other options, the conditions proposed by Honda judge that it is not acceptable. He reported that he was squeezing a retreat from the memorandum from the option of. (Getty Image /Getty Image)
a Reuters report It also indicates that Nissan can stop the debate.
On Wednesday, Nissan said in a statement to the FOX business, “The Discussion of the Integrated Preparatory Committee is ongoing by the end of January,” the two companies are ongoing.
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The integrated preparation committee was established by Nissan and Honda and discussed the possibility of merger.
Nissan “purpose[s] To confirm our direction by mid -February and to announce it at that point, “said the company.
On Monday, April 17, 2023, the Nissan logo found in the Nissan vehicle parked at the Krakow Center in Krakow, Poland. (Photo by Artur Widak / Nurphoto via Getty Images) / Getty Images)
Honda, on the other hand, said on Wednesday that he was still discussing, but refused to provide more details.
The confusion report occurred about six weeks after Nissan and Honda had engraved the memorandum of corporate merger via a joint holding company.
Nissan and Honda will announce plans to consider merger
In late December, the automaker was a press release, saying that the memorandum was “the purpose of the option to maintain global competitiveness, and the purpose of the two companies to continue to provide more attractive products and services throughout the world.” I mentioned.
The merger of Honda and Nissan may lead to the formation of a company, the third largest car manufacturer in the world.
Honda logo seen at the dealer store. Honda is a Japanese multinational car manufacturing company. (Photographs via IGOR GOLOVNIOV/SOPA images/getty images/getty images)
Companies can intend to integrate their own management resources, such as knowledge, personnel, and technology. Create a deeper synergistic effect, strengthen the ability to respond to changes in the market, and agree. Nissan and Honda said in December to the merger, expecting to improve corporate value.
What does Honda Nissan mean to the automotive industry and consumers?
Honda manufactures a car under the brand and Acura with the same name. Nissan counts NISMO, AUTECH, and Infiniti in the brand.
Automaker said in late January that the number of vehicles produced by Honda in 2024 exceeded 3.7 million. Nissan made more than 3.1 million people a year in the same year.
Honda's market capitalization was about $ 550 billion on Wednesday. Nissan was $ 9444 million.
