How Nissan and Honda's $60 billion merger talks collapsed.
How Nissan and Honda's $60 billion merger talks collapsed.
neuters.de How Nissan and Honda's $60 billion merger talks collapsed
Intransigence, combined with what Honda management saw as Nissan's slow decision-making, helped torpedo a deal that would have created one of the world's largest automakers.
Summary
- Nissan's pride and denial hindered merger talks, sources say
- Honda pushed Nissan for deeper cuts to jobs, factory capacity, sources say
- Nissan unwilling to consider factory closures, sources say
- Honda's proposal to make Nissan a subsidiary caused tensions, sources say
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52 comments
How about YAY!?
We need more smaller brands, not less bigger brands. It ALWAYS without exception leads to a destination where consumers get screwed.
I celebrate this failure, let them compete and let more smaller brands pop up, please
There's no situation I would call Nissan a "smaller brand" of anything.
52 comments