Nissan and Honda officially have Call Their plans to integrate into one car industry, less than two months after Confirm the rumors They were already looking to unite efforts. In an advertisement, companies said they will get "He agreed to finish" The Memorandum of Understanding (Memorandum of Understanding) that occurred in December 2024. If they passed it and also brought Nissan -controlled Mitsubishi, the new entity would have reached about $ 50 billion.
Automobile companies said that executives and other members of their management teams have discussed what they want to achieve with integration, as well as the structures they want in place after integration. They made it clear that they looked at different options when it came to the final structure of the integrated entity. Honda has suggested many options, including the establishment of a joint holding company, as it will be the auto manufacturer that helps the CEO and the majority of the directors. However, he also suggested a structure in which Honda is the mother company, while Nissan will be dependent.
Financial times It was stated in early February that Honda presented the structure that will make Nissan a subsidiary company as a "Take it or leave it" Show. It is said that the majority of Nissan’s board members rejected the deal at that time during a meeting, but Nissan chose to do so Wait until mid -February To issue an official announcement. Car industry companies said they chose to stop their discussions "To determine the priorities of the speed of decision -making and implement management measures in the increasingly volatile market environment, heading to the era of electrical." They also said they still have plans to cooperate "Within the framework of a strategic partnership aimed at the era of intelligence and electric vehicles."
This article was originally appeared on Engadget on https://www.engadget.com/transportation/honda-and-nissan-have-their- Merger-plans 07501432.html?
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