Honda and Nissan: Is the big fusion threatened in the electric car market?

Honda and Nissan: Is the big fusion threatened in the electric car market?

Japan, Japan - The Japanese carmakers Honda, Nissan and Mitsubishi may face a historical fusion that could revolutionize the automotive industry. As the business newspaper nikkei , the three companies are in intensive discussions about a merger under a common holding company. The aim of these considerations is to make floor again in the face of the competition from electric car manufacturers such as Tesla and emerging Chinese manufacturers in global competition.

Currently Honda and Nissan already have a strategic partnership that could now be expanded. According to official statements, there are currently only considerations on possible cooperation. A Honda spokesman said that "opportunities for cooperation" are being discussed, while Nissan points out that the content of the reports has not yet been communicated by both companies. Nevertheless, it is speculated that an official announcement could take place next Monday. A merger of the three manufacturers would make them the third largest automotive group in the world behind Toyota and Volkswagen, with an annual sales of over eight million vehicles, such as production.de reported.

stocks react to fusion rumors

Speculation about the merger already has significant effects on the stock markets. The courses from Nissan and Mitsubishi rose by double -digit percentages while Honda had a slight decline. A merger could significantly strengthen Nissan, which is severely affected by possible job cancellations. Bundling resources in research and development, especially in the area of ​​electromobility, would be essential for all three brands to secure their competitiveness in a rapidly changing automotive industry. Since the next steps are still unclear, it remains to be seen whether these talks will lead to an actual merger decision.