Nissan appears to be ready to withdraw from the talks about the integration of a planned with Honda, at a value of 46 billion pounds, amid increasing tensions and a desire to find a suitable ally to push him to electric cars (EVS).
Japanese auto makers announced in December that they were exploring alongside Mitsubishi to form the third largest car group in the world through annual sales, but negotiations stopped.
According to an individual who has knowledge of the Nissan strategy, the company is now following alternative partners. This research can extend beyond traditional car groups, where the Hun Hai -Taiwan accuracy industry – known as Foxconn – has been launched as a possible candidate. According to what was reported, some members of the Nissan Board of Directors view Foxconn positively; However, the sources indicate that the American technology partner may eventually prefer.
Honda -Nissan was originally seen as a response to intense competition in EV technology, especially from Chinese manufacturers. However, multiple obstacles, including an imbalance between the largest car maker in Japan and the third, seem to be unknown. Honda remains five times larger depending on the market value, while Nissan fights the turmoil, declining profits, and the legacy of providing exorbitant discounts in the main North American market.
Analysts say that Nissan’s weak performance undermines his bargaining strength. Todd Duvick, the head of Autos Research in Crate Agency Creditights, notes that if Honda will get it instead of integration, reducing costs may lead to loss of acute jobs, especially between the ranks of the upper Nissan. Such acquisition would restrict the scope of current shareholders in April to take advantage of any transformation.
Another complicated worker is the contribution that Renault maintains, a headache from the Renault -Nissan -Nissan -Nissan coalition formerly headed by Carlos Ghosen before his dramatic arrest and his subsequent journey to Lebanon. Nissan’s long leadership conflicts have exacerbated financial problems, prompting Makoto Uchida CEO to plan 9000 discounts in global jobs as part of the restructuring campaign.
Honda and Nissan will make their profits on February 13. Honda admits that “various discussions” are ongoing and expecting to confirm or clarify plans by mid -February. Nissan has so far refused to comment.