Observatory translation: Nissan is looking for a major long-term investor to support its continuity in conjunction with its partner Renault reducing its interest in the company, according to what the Financial Times said .
“We have a critical 12 or 14 months to save the company for survival,” said a senior executive close to Nissan.
Nissan has not ruled out buying some of Honda’s shares, with “all options” considered, as it launches a series of restructuring measures against falling sales in China and the United States, the people said.
In addition, people close to Renault said it would be open to selling part of its Nissan shares to Honda as part of a restructuring of its 25-year alliance with Nissan.
A person close to Renault said a stronger relationship between Nissan and Honda could be “positive” for the French group.
Nissan and Honda have stepped up partnership talks to develop electric vehicles and software technology amid growing pressure from Chinese rivals and growing uncertainty in the United States following Donald Trump’s re-election. Trump as president.
“This will be difficult and in the end, we need Japan and the United States to generate money,” said a senior executive close to Nissan.
After failing to capitalize on the recent surge in hybrid car sales in the United States, Nissan plans to launch a series of flagship products in the coming months and years.
2024-11-28 15:17:00
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