It was shocking when both Honda and Nissan had to mutually decide to terminate the proposed merger plan for a company that had been in the pipeline since this year. A proposed merger of the two companies that was to create a new holding company to be effective in 2026 was terminated due to basic differences in the management of...
The auto industry survey found Honda and Nissan pulled out of the merger plan, which would have made them the third-largest car manufacturing company in terms of output. The decision was made within less than two months after the announcement of the possible merger, emphasizing the fact that any integration of this scale in business most often encounters numerous difficulties....
Contrary to expectation, two prominent auto manufacturers from Japan, Honda and Nissan, have deferred a plan on presenting measures for a likely merger. The carmakers had earlier planned to announce the output in early January, but the process is likely to begin in mid-February. This decision comes as Honda intensifies its consideration of Nissan’s restructuring plan, which has become a...
Have you ever come across a company that is more of a BFF to the iPhone than something else? Well, it’s time to meet Foxconn. This Taiwan headquartered electronics firm is the Apple of automotive manufacturing, boasting of contracts with some of the world’s top automotive manufacturers. But recently, they've set their sights on a new challenge: buying into Nissan....
The two automobile manufacturers, Honda and Nissan, have at last embarked towards a new dawn. As was expected for a long time, it is a fact now – they have entered into the signing of a memorandum of understanding, or MOU, with the aim of finding out how they can merge their operations into one new holding company. This important...
Nissan`s strongest arm and tuning firm Nismo is well-known for its high-performance models, developing unique programs for some of the most impressive cars within the carmaker`s lineup. One of them remains one of the fastest sports cars in the world – the Nissan GT-R Nismo. In racing form, the 2018 Nisasn GT-R Nismo has now received the GT3 badge, which...
