Fusion drama: Honda and Nissan fail after weeks of intensive discussions!

Fusion drama: Honda and Nissan fail after weeks of intensive discussions!

Krone AT, Österreich - The intended merger between the Japanese automobile manufacturers Honda and Nissan failed. According to krone.at , the two companies, with a merger of $ 60 billion, would have wanted to build the position of the fourth largest carmaker in the world, behind Toyota, Volkswagen and Hyundai. In the past few days, however, signs of an upcoming cancellation had repeatedly emerged. The main conflict was about Honda's endeavor to lead Nissan as a subsidiary, while an equivalent merger was originally sought.

The Nissan board will finally decide from the talks, according to insider information in the coming week, shortly before the next quarterly figures were published on February 13. Another point in the negotiations was Nissan's refusal to close his own production facilities or released employees, according to the report by Spiegel.de . Despite the failed fusion plan, however, a strategic partnership could remain to counteract the increasing competition from China, especially in the area of electromobility.