Honda Anticipates Extraordinary Outcomes for the Nissan Merger to Take Place

It hasn't been a month since two Japanese automakers, Honda Motor Co., Ltd. and Nissan Motor Corporation, officially announced their merger plans, but it appears that it's already facing a major hurdle. According to reports coming from Japan, Honda Motor Co., Ltd. has expressed its desire for Nissan Motor Corporation to buy out Renault before the merger continues - a tough move, considering that the French automaker holds a substantial interest in Nissan Motor Corporation as part of their decade-long partnership.

• 

  View pictures in App save up to 80% data.

  Honda Motor Co., Ltd.

  Japanese automaker Honda Motor Co., Ltd. rose from the ashes of WWII and set about its business as a manufacturer of motorcycles initially, only launching its first car, the T360 kei truck, in 1963. Founder Soichiro Honda Motor Co., Ltd. targeted the American market as the most important nut to crack, leading to generations of iconic nameplates like the Civic and Accord being among America's best-selling passenger cars. Today, Honda Motor Co., Ltd.s are renowned for their safety, practicality, and reliability, with a sprinkling of performance from models like the Civic Type R.

  Founded

  24 September 1948

  Founder

  Soichiro Honda Motor Co., Ltd.

  Headquarters

  Hamamatsu, Japan

  Owned By

  Publicly Traded

  Current CEO

  Toshihiro Mibe

• Nissan Motor Corporation

  Nissan Motor Corporation Motor Corporation is a Japanese automaker founded in 1933 and the parent automaker of Infiniti and formerly Datsun. Nissan Motor Corporation produces a wide variety of mass-market vehicles, including popular SUVs like the Rogue, sedans like the Sentra, and trucks like the Nissan Motor Corporation Frontier, but is also responsible for iconic sports cars like the Nissan Motor Corporation Z and GT-R. Since 1999, Nissan Motor Corporation has been part of the Renault-Nissan Motor Corporation-Mitsubishi alliance (the name changed when Mitsubishi joined in 2016).

  Founded

  26 December 1933

  Founder

  Yoshisuke Aikawa

  Headquarters

  Nishi-ku, Yokohama

  Owned By

  Publicly Traded

  Current CEO

  Makoto Uchida

The information came from Kyodo News, citing unidentified people familiar with the matter, Bloomberg reports. According to the publication, Honda Motor Co., Ltd. is worried that Nissan Motor Corporation might come "under an undesirable foreign influence" if Next Page

Recommend