Bloomberg claims: the Japanese company is concerned about the possibility of its future partner falling under foreign influence. Honda turned to Nissan with a demand to buy a stake from the Renault group. Currently, the French side owns a 35.7% stake in Nissan (including 15% of voting shares), which is valued at 557 billion yen ($3.56 billion).
Analysts doubt that Nissan is able to find funds for a share buyback, because as of December 31, 2024, the company’s market value fell to 1.56 trillion yen ($10 billion). Nissan is struggling financially and its net profit has fallen 94%, forcing the automaker to cut 20% of its production capacity and lay off 9,000 employees.
Carlos Ghosn: Japanese authorities forced Honda to save Nissan Homologation babies from Japan Crazy Japanese concepts of the 1980s
Honda’s fears are understandable: a month ago, the Taiwanese company Foxconn expressed interest in a partial or complete takeover of Nissan. This is an electronics giant that produces Canon cameras, Xiaomi, Huawei and iPhone smartphones, MacBook laptops and equipment from Cisco, Dell and Hewlett-Packard. Japanese authorities do not want a large stake to remain with Renault or fall into the hands of potential competitors from Taiwan.
The Renault-Nissan alliance has existed since 1999. In 2016, Mitsubishi joined the partners. Plans to merge Honda and Nissan were announced in December 2024, but this is a memorandum of understanding: the terms and details of the deal are being discussed. The final decision could be made before the end of the month.
Resurrected legends: if the iconic cars of the past came back today
At the final press conference for 2024, Maxim Sokolov told reporters that the plant is…
We have already talked about the electric Oka in Chinese, which in the database would…
The model, which has been sold in Russia since last year, will receive a new…
As Rossiyskaya Gazeta found out, the plant, which now operates under the guise of Automotive…
Previously, only the Superb Combi station wagon had this version, but now the PHEV system…
At a press conference dedicated to the results of 2024, Pyotr Menshikh, Chairman of the…