Monday, December 23, 2024

Why mergers of carmakers such as Honda and Nissan often falter

Japanese automakers Honda and Nissan are considering a merger to share costs and better compete in the changing automotive industry. Despite potential benefits in electric vehicle development, historical challenges like cultural clashes, political resistance, and diverging priorities could potentially hinder the success of the merger.

from Auto-Industry-Economic Times https://ift.tt/67lJHrq

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JSW MG Motors sets in motion upto $350 fund raise from PE investors

JSW MG Motor India plans to secure $300-350 million for expansion. The funds will support new models and increased capacity. This follows a ...