Without Honda to save Nissan, it could very well be a Chinese manufacturer that rescues it. Just like Lenovo bought ThinkPad and Motorola, and SAIC bought out MG.
Signalling a massive industry shift, the two companies said in a joint statement Monday that they would wrap up talks around June 2025 and set up a holding company by August 2026.
The introductory price of the Nissan X-Trail is Rs 49.92 lakh, making it more expensive than the cars it is likely to rival. It also lacks features like a branded audio system, electrically adjustable front seats, and ADAS.
Former Global General Counsel Ravinder Passi described what he views as a toxic corporate culture, one rife with fear, intrigue and reprisals for those who step out of line.
This is the latest twist in the spy-novel saga of former Nissan chief Carlos Ghosn, who, while awaiting trial in Tokyo on financial crime charges, fled to Lebanon.
Nissan was already struggling with shrinking sales before the virus broke out, hurt by an aging lineup and a management paralysis brought by the arrest of ex-CEO Carlos Ghosn.
Nissan has to decide whether it is more interested in pursuing Ghosn or fixing what’s wrong with the company. It has already proved that it can’t do both.
Free to speak his mind now, 65-year-old Carlos Ghosn is seeking to salvage his legacy, blighted by allegations of understating his income and raiding resources at Nissan.
The former Nissan chief was awaiting trial in Japan on four charges—two for allegedly understating his compensation in regulatory filings, and two more “breach of trust” allegations.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
Even if both of them merge or have some agreement they will not succeed due to the nature of the Japanese . They are very poor in marketing and decission making. Not at good for competitive and challenging markets
The next in line to kick the bucket is Honda. The stupid company never got the pricing right for its cars.
Even if both of them merge or have some agreement they will not succeed due to the nature of the Japanese . They are very poor in marketing and decission making. Not at good for competitive and challenging markets