TOKYO, Dec 18 (News On Japan) –
Honda CEO Toshihiro Mibe has said that whereas “nothing has been decided” concerning a merger with Nissan Motor, he didn’t rule out the chance.
“We are discussing all possibilities,” Mibe stated. When requested particularly if a merger was amongst these potentialities, he responded, “From top to bottom, I think it is within the range of possibilities,” whereas emphasizing that “nothing has been decided yet.”
According to sources, Honda and Nissan are discussing plans to determine a holding firm that may carry each corporations underneath its umbrella as a part of a transfer towards a merger.
In the longer term, Mitsubishi Motors, the place Nissan holds the most important share, may additionally be a part of the mixing. If the three corporations merge, their mixed gross sales would exceed 8 million models, creating a world top-three automaker group.
In August, Honda and Nissan introduced a partnership to collaborate on software program improvement and electrical automobile manufacturing.
Source: ANN