merger

Honda and Nissan Sign MOU, Announce Plans For Merger

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Honda and Nissan may seem like unlikely bedfellows, but the two Japanese automakers have plenty in common. This includes being behind in electrification. However, with Nissan struggling to survive, it appears Honda is willing to throw Nissan a lifeline with the two companies announcing that they have signed a MOU which paves the way towards a potential merger between the two companies. Nissan and Honda, A Perfect Match or The Merger From Hell? The two companies (three if you count Nissan’s partner Mitsubishi) announced plans to merge into a combined company that would be the number three largest automaker in …

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FCA And PSA Group Complete 50:50 Merger, Set To Become Fourth Largest Automaker

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Following the initial announcement back in October that revealed FCA and PSA Group were interested in formally merging, the two firms have formally signed on the dotted line, creating the fourth largest automotive company in the world, with projected annual sales of around 8.7 million cars in the process. On the subject of profits, they are expected to be massive, with initial figures suggesting that the newly combined entity’s revenues will be around $190 million, as well as a recurring operating profit of over $12.2 billion dollars. These are very impressive figures, and it’s easy to see why they played …

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