Deal would create world’s third-largest carmaker with £46bn annual sales amid competition from China

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.

  • Soup@lemmy.world
    6·
    3 days ago

    Honestly an electric GTR would be fuckin’ bonkers. The whole thing of the GTR is how powerful it is so it just makes sense, and it’s not like it’s a manual anyway so that’s fine.

    The thing is though that sports car are what car enthusiasts want but most people just don’t care that much these days. And frankly if it doesn’t even matter if companies make fun cars because they’re still going to allow the dealers to slap an extra $20k on the price tag while they wonder why no one is buying the fucking things.

    Frankly I’d just like to see Nissan Leaf motors as conversion kits. It wouldn’t make any financial sense for Nissan but if we’re gunna dream…