Honda and Nissan make it official: Their merger talks are off
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How do we pronounce Nissan in mandarin?
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It seems like if Honda has any interest left in in Nissan, they'll just buy it out of bankruptcy when that occurs. The only other chance Nissan seems to have is if there is a non-automotive company that wants to become one.
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At the start of this I heard ideas that the Japanese government was pressuring them so that Nissan stock (held by many retirement funds) didn't go to 0.
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Nissan
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Looks like Tesla's next up to bat. Imagine, the union of the two least reliable car brands! The Japanese government simply will not let Nissan die (or become Chinese).
Financial Times: Japan to court Tesla on Nissan investment in exchange for US factories
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My first car was a Nissan. This is depressing.
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Thank fuck, Nissan is ass.
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Why they want to sell them to Tesla? Ignoring that Nissan has nothing to offer to them (chademo? LOL), all Elmo is going to do is fire everyone and run the company to the ground. Any toddler can do that.
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Nissan has manufacturing plants in Tennessee and Mississippi that Tesla may want to get ahold of. In exchange Nissan gets enough cash to survive a while longer until they decide how to waste it.
(DAE remember the Leaf? Shit was dope. What the hell happened?)
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Not much point in assembly plants for ICE cars. Why pay for what's essentially a warehouse.
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Honestly thank God.
I was really worried about how this was only going to drag down Honda.
I used to love Nissan. They made several of my dream cars.
Unfortunately it's been quite some time since they made anything very good imo.
Currently have a reputation of meh reliability and meh driving experience.
They don't offer anything to entice someone away from Toyota or Honda.
I hope Nissan can come back but idk how they do that without a serious overhaul of their whole business from the ground up.
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Honda could have put honda engines in them and let Nissan just do their own styling.
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Unfortunate. Their EVs are a great value.
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You don't need to merge with Nissan to do that if you're Honda. Just buy out their design team. Much cheaper lol.
Edit: spelling
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I agree, I'm just saying that's what I would have seen them doing. See my other comment that the rumor was Japanese government pressured them into it.
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Honda needs decent trucks. Nissan can make a decent truck.
Nissan needs decent CVT transmissions. Honda can make decent CVTs.
As an outside observer, I figured just those 2 things would make it worth it.
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My first car was a Nissan too. It was an unreliable piece of shit. So based on that palpable experience, I'm glad this merger is off.
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My little brother said the same thing. I think you're both right. Clearly that wasn't enough to push the deal through though.
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Thank goodness.
Honda might have dropped quality a bit over the last decade, but they're nothing on the dodginess of Nissan.
I simply wouldn't buy a modern Nissan vehicle.
