Summary
Honda, Nissan, and Mitsubishi have confirmed merger talks to form the world’s third-largest carmaker by annual sales, aiming to tackle challenges from Chinese competition and the shift to electric vehicles.
The proposed merger, through a joint holding company, seeks to combine resources as Japan’s automakers struggle with declining sales and costly EV transitions, lagging behind leaders like Toyota and Chinese rivals BYD.
Nissan’s former CEO Carlos Ghosn criticized the plan, citing overlapping operations, while executives called it a pivotal move amid unprecedented industry changes. Mitsubishi will decide on joining by January’s end.
All cars are other cars these days, it’s nearing car singularity. I drive a Toyota that looks like a Citroen and has an engine from the Opel.
When buying a new vehicle, you have several choice. You may purchase motorbike, car, van, or utility. Such variety.
Want car? Here car. Why complicate thing?