How Nissan and Honda's $60 billion merger talks collapsed
neuters.de
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
  • grue@lemmy.worldEnglish
    81·
    5 hours ago

    And Honda was working on hydrogen nearly 30 years ago now, which seems poised to suplant batteries (again, maybe).

    LOL, no. Hydrogen has never been anything but a greenwashing scam. Even if it were all produced from electrolysis (and to be clear, it isn’t – the vast majority is produced from fossil fuels), it would still be stupidly cumbersome to deal with compared to adding some carbon to it to make synthetic gasoline.