Japanese authorities want to merge Nissan and Honda

Japanese authorities want to merge Nissan and Honda

August 17, 2020 0 By autotimesnews

According to the country’s government, two automakers can benefit from the new alliance.

The Japanese government was seriously considering a merger between the two car giants Nissan and Honda. This was announced on Monday, August 17, by the Financial Times. According to the country’s authorities, it will be difficult for companies individually to compete in global markets, especially in the field of electric and autonomous cars. The Japanese government wants the local auto industry to become the world leader in self-driving cars.

At the same time, Nissan and Honda have been experiencing certain difficulties lately – sales of Honda have slightly decreased, and we have already talked about the crisis in Nissan several times. He became especially strong after the arrest of Carlos Ghosn, who helped the brand a lot. Honda and Nissan have already commented on their positions on this issue. In general, such a strategy has the right to exist, but it is almost impossible to implement it.

The differences in platforms and parts of both brands are very significant, which will force one manufacturer to adapt to the other.
Plus, Nissan is now focused on an alliance with the French company Renault.