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Why Honda is merging with Nissan: factories, SUVs, and China
Honda wants bigger hybrids, and Nissan has SUVs.
On Tuesday in Las Vegas, during a roundtable discussion with select media, Honda executives offered some more insight into the merger, including how combining resources and factories could help the companies stay competitive in the increasingly costly fight with China. Unsurprisingly, Ghosn isn’t pleased about the news, telling Bloomberg that Nissan was in “panic mode,” calling the deal a “desperate move” and noting that the “synergies between the two companies are difficult to find.” President-elect Donald Trump’s threats to impose tariffs on foreign imports and eliminate federal subsidies that have helped save Americans billions in EV costs also came up in the conversation.
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