Japanese Car Manufacturers May Merge To Challenge Automotive World
Three distinguished car manufacturers are considering merging to improve their overall standing in the global automotive industry.
According to press reports Wednesday morning, the two Japanese carmakers are in discussions to consolidate under a holding company. The reports also said that Mitsubishi Motors, which has been working closely with Nissan since 2016, might join the grouping.
Nissan, Honda and Mitsubishi confirmed the reports in nearly identically worded statements released later in the day. The three said they are considering a number of options including the plan mentioned in the press reports. (Japan Times)
According to @thejapantimes@mastodon.social, nothing official has been decided yet between Nissan, Honda & Mitsubishi, although I do not expect them to merge due to their distinct cultural differences.
While it would be cool to see them merge as one (note: what would they call the newly formed company‽), I expect we will witness a greater collaboration between the three, with each trying to complement the others' weaknesses with their respective strengths.
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