Honda open to re-entering Nissan talks if Japanese rival’s chief Makoto Uchida leaves
17 Articles
17 Articles
Honda returns to the negotiating table with Nissan, but with one key condition: Makoto Uchida's departure as CEO
Honda conditioned the resumption of merger negotiations to create the world’s fourth largest car producer with Nissan, requesting the company’s executive president, Makoto Uchida, to resign. According to Financial Times sources, although Uchida has been one of the main promoters within Nissan of the deal with Honda, his interaction with his counterpart Toshihiro Mibe has deteriorated due to Honda’s frustration over the speed of restructuring and…
Risen from the dead! Honda Nissan merger reanimates with both still keen to join forces to fund future EV and next-gen techRisen from the dead! Honda-Nissan merger reanimates with both still keen to join forces to fund future EV and next-gen tech - EV Cen
The reports of the death of the Nissan-Honda merger have been grossly exaggerated, says a new report, with both car-makers still fighting behind the scenes to save their marriage proposal. According to the Financial Times, insiders are saying the merger to form the world’s fourth-biggest car-maker worth $US60 billion ($A95b) could still go ahead. But the FT reports a significant if not impassable hurdle: Current Nissan CEO Makota Uchida would ha…
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