Categories: Auto News

Toyota offered the support of Nissan struggling for life

At the beginning of this year, Nissan conducted active negotiations with Honda. The companies were close to the merger agreement, which was supposed to help Nissan get out of the crisis, but the deal fell. According to the Japanese publication Mainichi, help can come from an unexpected side: in February, the Topican Toyota top manager allegedly contacted Nissan, offering support.

What kind of support was offered by Toyota to tolerant financial disaster Nissan is unknown. Neither Nissan nor Toyota confirmed information about the February negotiations.

However, such a step from Toyota looks logical: analysts believe that an auto giant is unlikely to miss the opportunity to use a competitor’s shatter. This will rhyme with the behavior of Toyota for many years.

Nissan will close the plants in Japan. The following Nissan Juke will be radically transformed: the first images of Nissan tolerates record losses in attempts to revive business

So, almost 60 years ago, she acquired 0.22 percent of Daihatsu shares and gradually increased her share until she completely absorbed the company by 2016. In addition, Toyota owns 20 percent of Subaru shares, five percent of Suzuki and Mazda.

Nissan is still open to new proposals, but its main goal in the near future is to solve fundamental internal problems.

According to the plan voiced by the new head of the company Ivan Espinoza, the company is waiting for radical transformation due to the reduction of both capacities and personnel. Nissan will fire about 20 thousand employees, close seven of 17 factories around the world, reduce the number of platforms used and simplify the production of spare parts.

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