this post was submitted on 23 Dec 2024
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Economics

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Summary

Honda, Nissan, and Mitsubishi have confirmed merger talks to form the world’s third-largest carmaker by annual sales, aiming to tackle challenges from Chinese competition and the shift to electric vehicles.

The proposed merger, through a joint holding company, seeks to combine resources as Japan’s automakers struggle with declining sales and costly EV transitions, lagging behind leaders like Toyota and Chinese rivals BYD.

Nissan's former CEO Carlos Ghosn criticized the plan, citing overlapping operations, while executives called it a pivotal move amid unprecedented industry changes. Mitsubishi will decide on joining by January's end.

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[–] [email protected] 2 points 3 days ago (1 children)

not for me until he could move back and forth with that hand slap then. woa. seriously though he was hard hitting like zangief but could torpedo forward to close distance and had area denial.

[–] [email protected] 3 points 3 days ago

I trained to be just like him but it wasn't until some time after puberty that I could move my right hand that fast