I haven't been following this closely, but what was the appeal for Honda? I mean, Nissan has a few cars that are moving in OK numbers these days but I don't see many routes for a return to form over the long run; Commodity cars are a dying breed.
How Nissan and Honda's $60B merger talks collapsed
81–90 of 311 posts
Re: How Nissan and Honda's $60B merger talks collapsed
#82Earlier quoted context omitted.
There's one graph that basically predicts which countries are going to fail and which are going to prevail. It's the graph that shows how many people in the "doing things" age bracket a country has. Compare these: (germany) https://population.un.org/wpp/graphs?loc=276&type=Probabilis... (alternatively, Europe as a whole) https://population.un.org/wpp/graphs?loc=908&type=Probabilis... (Japan) https://population.un.org…
Canada doesn't feel like it's winning despite what the graph says*. Bringing in tons of working-aged immigrants has caused housing (and other living) costs to explode, which in turn has lead to less people having children, which leads to more immigration to fill the gap and the whole thing has been spiraling. Not fun at all. * https://population.un.org/wpp/graphs?loc=124&type=Probabilis...
Australia is 'winning' even more based on the graph:
https://population.un.org/wpp/graphs?loc=36&type=Probabilist...
Housing is very expensive, but inflation is largely tamed, unemployment is low, and the government is running surpluses - so things aren't terrible (despite what the Murdoch media say). Birth rates are falling, but I'm not sure how much that really matters given immigration.
Re: How Nissan and Honda's $60B merger talks collapsed
#83Earlier quoted context omitted.
Canada doesn't feel like it's winning despite what the graph says*. Bringing in tons of working-aged immigrants has caused housing (and other living) costs to explode, which in turn has lead to less people having children, which leads to more immigration to fill the gap and the whole thing has been spiraling. Not fun at all. * https://population.un.org/wpp/graphs?loc=124&type=Probabilis...
Immigration is no excuse for the Canadian housing shortage. Canada is one of the world's largest land masses, and - even in its South - mainly uninhabited.
They’re over regulated. All the geography and materials in the world.
They aren’t building because they can’t do it affordably.
My friends in Vancouver had a vacant lot in a prime area and money. They had to wait for three years to be approved to start.
Re: How Nissan and Honda's $60B merger talks collapsed
#84I haven't been following this closely, but what was the appeal for Honda? I mean, Nissan has a few cars that are moving in OK numbers these days but I don't see many routes for a return to form over the long run; Commodity cars are a dying breed.
> Commodity cars are a dying breed.
Not in Asia, the worlds biggest car market, and where the worlds biggest car making country is. More than anything, low end electric cars are MASSIVELY popular in China.
Re: How Nissan and Honda's $60B merger talks collapsed
#85Earlier quoted context omitted.
Irrelevant to whom? Toyota, Honda and Subaru all have lifelong customers and for good reason. The cars often last for 20+ years with minimal upkeep. The current crop of Chinese electric car makers are all trying to fake it until one of them makes it and the money spigot keeping them afloat will eventually get turned off at some point.[0] Good luck keeping that flashy EV running when the company goes bust. [0] https:/…
They have lifelong customers, but those also don't live forever and can change their opinion, and if the carmakers don't adapt, they won't survive. For the last 19 years we have been buying Toyota, but I'm slowly starting to look for a new car and it has to be an EV and Toyota is currently very underwhelming in that regard in our market.
Prime example: we leased 3 Nissans in a row (dipping our toes in with an Altima and then 2 Rogues in a row), so 9 years worth, but prior to the last turn-in, they released a new Rogue that was smaller on the inside (but I believe may have been slightly larger on the outside), sapped the power out of the base engine (our Rogues had some pep in their step), and as the final nail in the coffin, raised prices by 15% or so and lowered the lease residuals- the net effect was a worse automobile with a ~30% higher monthly payment.
Going from under $350/mo to over $500/mo on a 36-month low mileage lease made what had been an easy decision one way (just get another Rogue) into an easy decision the other way (get a different vehicle from a different manufacturer).
When you venture into the pricing tiers of higher-quality automobiles, you need to be equipped to play in that market. Nissan wasn't, at least in our situation, and it cost them a loyal customer.
Re: How Nissan and Honda's $60B merger talks collapsed
#86I haven't been following this closely, but what was the appeal for Honda? I mean, Nissan has a few cars that are moving in OK numbers these days but I don't see many routes for a return to form over the long run; Commodity cars are a dying breed.
Nissan has a following in the work vehicle category and is well established especially outside the us. They’re not nothing.
Re: How Nissan and Honda's $60B merger talks collapsed
#87I haven't been following this closely, but what was the appeal for Honda? I mean, Nissan has a few cars that are moving in OK numbers these days but I don't see many routes for a return to form over the long run; Commodity cars are a dying breed.
Rumour mill is that the Japanese government was pressuring Honda to merge with Nissan to save Nissan. During a press conference the CEO of Honda Toshihiro Mibe couldn't articulate a reason justifying the merger.
https://www.msn.com/en-xl/news/other/honda-s-ceo-struggles-t...
Re: How Nissan and Honda's $60B merger talks collapsed
#88I haven't been following this closely, but what was the appeal for Honda? I mean, Nissan has a few cars that are moving in OK numbers these days but I don't see many routes for a return to form over the long run; Commodity cars are a dying breed.
> Commodity cars are a dying breed. Not in Asia, the worlds biggest car market, and where the worlds biggest car making country is. More than anything, low end electric cars are MASSIVELY popular in China.
Was surprised how popular there are, also self driving taxis in Wuhan and other places.
Re: How Nissan and Honda's $60B merger talks collapsed
#89Earlier quoted context omitted.
There's one graph that basically predicts which countries are going to fail and which are going to prevail. It's the graph that shows how many people in the "doing things" age bracket a country has. Compare these: (germany) https://population.un.org/wpp/graphs?loc=276&type=Probabilis... (alternatively, Europe as a whole) https://population.un.org/wpp/graphs?loc=908&type=Probabilis... (Japan) https://population.un.org…
Canada doesn't feel like it's winning despite what the graph says*. Bringing in tons of working-aged immigrants has caused housing (and other living) costs to explode, which in turn has lead to less people having children, which leads to more immigration to fill the gap and the whole thing has been spiraling. Not fun at all. * https://population.un.org/wpp/graphs?loc=124&type=Probabilis...
Canada needs to start a campaign to promote smaller cities, rather than concentrating all the people in Toronto and Vancouver.
Re: How Nissan and Honda's $60B merger talks collapsed
#90IMO a Honda Nissan merger would have been terrible for Honda. Nissan is clearly an anchor, and acquiring it would have just dragged Honda down .
I don't know. I thought they could benefit from Nissan's EVs - the thing they have going with Sony is too expensive to be able to work ($90K for the base model eek!).