Japanese auto giants Honda and Nissan confirmed they've scrapped merger talks announced in December, ending a potential combination that would have created the world's third-largest automaker.
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.
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.
They are very popular for carshare companies. I have rented a NV200 from a carshare for picking up a TV before and it was a nice experience and very inexpensive.
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).
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.
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?)