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
    141·
    17 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.