Honda-Nissan merger driven by China threat

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TOKYO: Among the reasons for Honda Motor Co to enter merger talks with Nissan Motor Co, one looms large: China.

These measures should start to deliver results as soon as next year, he said.“I wouldn’t say the Chinese market won’t ever be a lucrative one for Japanese manufacturers,” Yoshida said.“But it’s not going to happen during the next three to five years.

A Kyodo report over the weekend citing people that weren’t identified said Nissan and Honda are considering a manufacturing partnership in which they will build vehicles at each other’s plants.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaGermanyJapanTaiwanThailandUnited States

Topics: Auto /Business/Business News Honda Automaker Nissan

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 743 words

Reading Time: 5 minutes read

Sentences: 28 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © The Star

News ID: 24614394

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