Ricoh, Olympus, Fujifilm are all gone. Panasonic is all but gone as well. Nikon looked like it was about to collapse a year ago and still hanging on a thread with the mirror less change. Currently it's Sony and Canon miles ahead of a struggling Nikon and Panasonic.
I agreed with what Sam said, it's the Japanese government who didn't want Nissan to collapse. In Japan, Nissan is known to be better than Honda but in many other countries outside Japan, Honda seemed to be stronger. Datsun, a well known brand decades ago which changed its name to Nissan has been the pride of Japan and Japan look at pride highly. In fact, if Nissan were to allowed to go bust, Honda and Mitsubishi will eventually follow so by merging all 3 brands, their chances of survival is higher even though it is not guarantee judging from the conditions of Car industry today.
What i learn about these Japanese auto companies, they will lie and cover each other asses since they're fellow Japanese and they should help each other. They dont like criticisms and have narrow minded way of running business. Nissan, Honda and Mitsubishi will run into a ditch together. At least they can keep each other company in there.
The merger is a very strong indication that these two Japanese autos are collapsing. No one should trust Japanese autos anyway because they continuously lied about their safety records.
So are the Chinese brands, only difference is we all expect the Chinese brands to be "not as described" and if they atleast get close to what they claim then that's a massive Win.
And that’s why you get the least reliable of Japanese and German cars the USA gets the worst version of Japanese and Germans cars stick to your smoggy fords and dodge trucks
This sounds a lot like when BMC was forced into a merger with Rover and Triumph by the government, what became British Leyland, it was a disaster, which kickstarted the end of British mass production car manufacturing
@@mrwpg Most of people in EU or North America can not affort EV because they are too expensive . I would buy a Chinese EV in a heart beat if there are allowed to come to North America .
@@mrwpg Each EV sold is one internal combustion engine car that is not sold. How can that be two different markets? In the US, EV are so expensive that it is a small market. But outside the US that is not the case. Honda, Nissan, Toyota are global companies. Even if the adoption rate of EV slows down, Chinese manufacturers are selling hybrids all over the world. Honda and Nissan will lose their Latin American, African, Middle East and South East Asian markets. Do not forget, as EV takes over the Chinese market, China has a lot of factories that make internal combustion engine cars going idle. China can flood the world with ICE cars. Those ICE cars will be cheap because the new owners of those factories buy them at scrap prices. An ICE car factory that once cost billions of dollar to build may now be worth 50 million dollars.
Honda and Nissan's market and product lines are more overlapping than complementary to each other. This certainly would discount effectiveness of a merger.
Nao...pk ficam duas a fazerem os mesmos produtos???....juntam se e fazem um so....juntam se as sinergias....mss sera suficiente ou tem se apresentar produtos diferentes bons e baratos????
They are merging for two reasons one is the ev tech that nissan has that honda wants that way they can become a bigger player in the ev market and Nissan has a midsize truck that Honda wants the frontier and Nissan needs the capital that honda is offering
with legacy automakers will die everything.. mass EV adoption will end transportation unless we start heavily building nuclear power plants, EVs are similar to fridges.. you buy it it breaks after 5 years, you cant sell it as used so you basically have to buy new car every few yers for full price and charging costs will skyrocket with more EVs on the roads.. right now is the best time to drive EVs.. with more and more EVs on the road it will start to be much worse and more expensive
Elephant in the room! Do the math, EV's avg 15kWh/100km. In 2020 Australiapassenger vehicles travelled 170 billion km. Where will you get the electricity from?
As Ghosn has stated in his recent interview, the Japanese government will intervene to prevent Nissan from sinking and they have Honda in their crosshair as the perfect victim.
The ICEV market is shrinking and downsizing is likely to increase. It makes no sense to take on more factories from the most endangered producers. If you are among the strongest producers, let the weakest fail so you can take the market they would have served.
Where I am in Europe I can buy Honda civic hibrid for €36000 or Škoda superb mild hybrid brand new for the same money. People who would buy Honda civic can buy Škoda octavia mild hybrid automatic for €10000 less. So to buy Honda you must be insane. I would rather buy Honda for the similar money but at this moment you can choose a class and size above with better warranty. They should go bancrupt if they are incapable of logical thinking.
I agreed with what Sam said, it's the Japanese government who didn't want Nissan to collapse. In Japan, Nissan is known to be better than Honda but in many other countries outside Japan, Honda seemed to be stronger. Datsun, a well known brand decades ago which changed its name to Nissan has been the pride of Japan and Japan look at pride highly. In fact, if Nissan were to allowed to go bust, Honda and Mitsubishi will eventually follow so by merging all 3 brands, their chances of survival is higher even though it is not guarantee judging from the conditions of Car industry today.
Simply: project all the debris on Nissan which will go bankrupt to give a survival with new production methods (like Tesla) to Honda. Sounds like a plan?
Ford was quickest to learn, "our ICE engineers cannot compete in the EV marketplace." So, Ford started a new division. Now Ford is making noise on how to bring EV's to market to the end user. I wouldn't want to be a Dealer Principal right now, of any legacy brand/brands attached to the ICE business model.
In my long experience as a consumer, when a company with a good culture merges with a bad culture, the bad culture wins. Simply, to be good takes effort, mediocrity is the easy default. Unless you fire EVERYBODY from the bad culture, they will wear down those trying to do a good job. Bye bye Honda, you were great.
The cvt transmission on my two nissan vehicles went kapoot within months of driving them and nissan told me i have to pay for the replacements since its not covered under the warranty even though i was assured it was prior to purchasing the vehicles. So F them seriously.
@@daweigo6851 In Malaysia, after inspection by a Nissan authorized service center they said to me the transmission faults was caused entirely by, and i quote 'my way of driving'. Not Nissan's fault. I guess i shouldnt be driving these cars regularly on the highway/motorway at 100km/h commuting to work. And im not the only one in my country facing this bs. Found out recently a class action lawsuit being filed against them for not adhering to its warranty commitments. Lets see how that goes.
because China is the biggest car market, and most western and Japan brands heavily depended on Chinese market as long history, but suddenly the all losing dramatictly to Chinese brands EV, so most brands need put all hope to US market now, losing profit to stable their market share become only choice....
#1 reasons for that is car prices $$$$$$ have gone insane. Chinese vehicles are selling well globally because they not only look nice but are quite good and are very affordable compared to all other legacy automakers.
EV's might be mainstream, maybe, around 2030. You can yell and stomp your feet, but nobody is talking about the infrastructure. Until that happens, keep pushing that date back. Middle America is not ready for an EV world. How about all the farm equipment etc. These issue are nowhere near being resolved. Long-haul trucks aren't even near ready to move America. What are you going to do, put a charging station every 150 miles across America? Even rail is diesel-electric, thay haul 1000's of gallons of fuel from point a-b.
Naameriica boasted as being the "number one" country in the world. It can print from thin air. Why can't it afford those infrastructures is beyond so many people from the third world.
Generators are going to be the answer. Sounds silly, but unlike ICEVs, EVs are able to switch from electricity power source. Also, an internal combustion engine outside from a car can operate more efficiently than inside a car since the engine always runs at the ideal RPM. There are alternatives though. I think ICEV running on hydrogen will still be a commonly accepted thing in cities.
@@EenTH-camGebruiker Go back to your star ship, then return in 2500 and see how things changed. Small nuclear devices have been considered on a small scale to generate power, but using ice to recharge ev's doesn't solve the current issues. Hydrogen is out there but has been dropped because of the production economics. My point is infrastructure.
@@ArmadilloGodzilla I agree 101%. Middle America needs about 99% input to create some infrastructure. If you can't re-charge your car in 15 minutes or less, and get a range near an ice vehicle range, and semi-trucks with fully loaded trailer going 500+ miles none of this is going to happen. EV's will be in our future, but not in 5-6 years, more like15-20 years, with billions of $$$$ from the government.
Simply put this is a smart phone moment, where Nokia and Ericsson joins and buys the same 3G phones while China is production smartphones, doesn’t end well for Nokia does it
The last Nissan I had was a 2012 Diesel T31 X-Trail it had DCT absolutely fantastic car, Honda has been a basket case since the 2008 financial collapse, the Civic is overpriced and has a crappy CVT, as for Mitsubishi, it's been on life support for decades. None of these companies are bringing good products to market and I don't think the Chinese would even buy the brand as the companies themselves have flushed their reputations down the dunny years ago. I think the only way any of them can survive is for Toyota to take all the companies over, and ensure they sack anyone involved with engineering and design. The Chinese will make 70-80% passenger cars within the next seven to ten years. Then you will have VW group, Toyota group, Ford and GMH as the only major manufacturers outside of China.
As someone that uses a 3D printer I can tell you they are Waaaay too slow and you'd still need to add all the extras. Pressed & Vac formed panels take seconds to create.
@0utcastAussie I take your word for it. Im a truckdriver what do I know. 😅 So are there no significant production efficiency techniques in the near future?
In the near future these merges will happens a lot, because simply the automarket will shrink tremendously. In 15 years I think the volume of the sold new cars will be halved at least if we still on the track this forced ICE replacement. I think in 3 years or maybe less the german brands also will merge. The goal is sharing the costs in the development, the production and the marketing.
Honda is now larger, has more loss making capital overheads, has more shareholders to pay out to, more employees and therefore is less flexible, less able to refocus and more likely to go under. We will see, this may be a way of winding down Nissan, closing down their plants and laying off their employees without allowing BYD to buy the Nissan brand identity, but I can't see it working.
Still better than Renault controlled Nissan crap boxes. So sad as both Nissan and Honda were powerhouse manufacturers of mid sized cars for about 30 years.
It will end in disaster if they continue the way they are going now. Big changes need to be made across the board. In the short term they get some nice share gains and investment from believers. But as soon as everyone realizes they are wasting it, shares will drop again and investors will pull out.
Each EV sold means less sales for ICE automakers. Here is the total EV sales for top manufacturers in 2023: 1. BYD: 1.86 million units. 2. Tesla: 1.31 million units. 3. SAIC-GM-Wuling: 866,000 units. 4. Volkswagen Group: 850,000 units. 5. Geely (including Volvo and Polestar): 670,000 units. 6. Hyundai Motor Group (Hyundai and Kia): 610,000 units. 7. GAC Aion: 500,000 units. 8. BMW Group: 400,000 units. 9. Mercedes-Benz: 350,000 units. 10. Changan Automobile: 310,000 units. BYD leads overall EV sales, while Tesla dominates in BEV-only sales.
I'm waiting to start work at the new aesc battery plant being built in sunderland uk to supply nissan is it a good idea just to stick at my current job I'm really unsure what to do please help advicee needed
@0utcastAussie I was thinking a Chinese car company might as they have already took the old nissan plant in Barcelona think that was saic either way u think nissan won't make it I was looking forward to a new challenge in a new industry aswell
G'day Sam. Can you please cover KTM? This once great Austrian company is now broke. Perhalps a Chineses company like CF Moto could step in. CF Moto actually makes a moto based on a 2009 KTM. Please shed light on this. Thank you😊
Its a game of somebody says he wants to buy Honda. Then the stock price goes up. He then sold the Honda shares and sold even more than he owns. Then he will say he decides not to buy Honda anymore. He will win another time. That someone is the Taiwanese Apple contractor Foxconn.
Certainly not Apple. But at least we know this merging will make it twice as terrible as before... it's like putting two dumb students together will not make them suddenly become geniuses😅
At one time in history there used to be hundreds of horse drawn carriage makers. Nowadays, if you do not count the Amish, none carriage builders. Figures the same will happen to legacy auto makers. Why waste good resources on a failing enterprise ? Japanese golf buddies ? Nissan and Mitsubishi will drag what is left of Honda down.
This isn't a disaster for Japan, it's a business decision that they're forced to make due to future forcing functions on their businesses. "Experts are saying" are probably poor people who shorted TSLA. Fuck those ideas, how about these legacy auto makers only have one lifeline, and it's not merging and consolidating, but leasing technology before they get Nokia/Motorola'd out of their kingspace.
Maybe Honda could benefit from Nissan's dealer network. Other than that, their reasoning is beyond me. They need every one of their brain cells laser-focussed on their own survival plan - and at best, the acquisition is a massive distraction from that.
If they merge and then reduce models, they can then buy time by selling some of their factories to Chinese manufacturers. They’ve got a couple good products. They need scale though. Perhaps a Honda version of the Nissan leaf? Unless the Japanese government steps in, which they likely will, there won’t be a high chance for survival though.
Would it not be best to diversify further like indistrial heavy machinery, aviation (eg. Honda jet) rather than going to an EV shift but hybrid cars like Toyota. A 100% EV shift is risky as China can produce them cheaper.
It's a good idea. Nobody wants to die alone. This way, they'll both have company when the grim reaper comes knocking. Also, it saves him having to make a separate trip for Honda, so it's win-win.
Dear Viking, in your words, When You Think About It, etc Do you ever think of workers' rights, pay, conditions etc when you swoon about cheap production in your favorite country? Truth Is, Tesla can make a profit in high-pay countries like USA and Germany. But Teslas are not as cheap as byds. Same thing happened long ago when Apple and co started production overseas. But still sold em at high price LOL
After the merger of Nissan ans Honda the new company will be known as Nihon lol That said Japanese car makers arent as beholden to labour regulations as their german counter parts so let see
I think you undervalue. Nearly Every Maschine has a Honda combustion engine. EV maybe will reach 30% at Maximum. Well See WHO hast the Long breathe. I Like the japanese in global competetion, this will force all manufactures to give their best. But as motorcycle Enthusiast theres No one Close to japanese quality Not even BMW and im saying this as a German
Honda will let Nissan and Mitsubishi develop low-cost EV system technology, which they specialize in, so Honda can focus on developing their own expertise in internal combustion engines and hybrids, as well as motors for hybrid vehicles. This will allow Honda to respond to the market by gradually switching to EV production when engine vehicles are banned in developed countries. Considering the circumstances of developing countries, engine vehicles will never disappear from the earth, and the current world largest engine manufacture Honda and Suzuki, a giant in India may end up being the winners. However, Nissan's future depends on their efforts.
Nissan has heavy vehicle experience , they make trucks and utes as well as the finest high performance cars , Honda has the best passenger vehicles and people movers , merging makes total sense
There is a chance that the Suzuki will merge with someone, maybe Toyota. It is kind of a same situation. The Suzuki probably need someone but the Toyota not really. The Suzuki was good making cheap, affordable small cars, but there are no more cheap or affordable cars. They have zero EV and real hibrids. Maybe they can find enough market outside of the EU.
The only thing that I see Nissan bringing to the table is their experience building EVs. Their Nissan Leaf has been out for a long time, but it's pathetic compared to Tesla! I believe the GM jokes are better, even. Foxconn is interesting. They know technology! Maybe they could radically improve the company. Apple could buy them, and eliminate the debt instantly. With their tech skills, they could probably turn Nissan into something worthwhile, although the name would completely retire. I am camp Android, but I would consider an Apple Leaf. (Even the name seems to fit)
They will in fact do just fine. With them merging they will become a very big company and do well. I am back in the UK for Xmas and surprised to see not as many EVs as the media and certain TH-cam channels make out. Lots of unsold EVs piling up here I noticed. In my parents street, not a single EV anywhere. Toyota are going to produce EVs for the china market only otherwise stick with ice vehicles. Honda and Nissan merging will be a good thing as long as they stick with mostly ice vehicles.
@@Dw91-k8n You know it, I know it, that 2030 mandate will never happen. Not physically possible. Petrol and diesel cars will be here for a long time yet.
The car industry is exactly like camera industry transform from film to digital. Only a few brands can survive.
To note Canon, Nikon, Sony, Fujifilm, Panasonic, Ricoh, Olympus are still around from the late 70s early 80s, are now all digital.
Ricoh, Olympus, Fujifilm are all gone. Panasonic is all but gone as well. Nikon looked like it was about to collapse a year ago and still hanging on a thread with the mirror less change. Currently it's Sony and Canon miles ahead of a struggling Nikon and Panasonic.
@@OTPulse Panasonic focus on other markets like appliances.
@@OTPulseI thought fujifilm is still making good mirrorless. Succesful release line up
Panasonic focus on 4k players and tvs. Plus home phones to appliance and air con systems plus Panasonic makes batterys for electric cars @@zythr9999
nissan should be allowed to go bankrupt . why is honda chaining itself to this corpse is beyond me
lol
This isn’t the first time Nissan has had problems. They almost went under over 30 years ago and Mitsubishi never did have it together.
Honda is also a deadman walking, hopefully it outlives Toyota and Nissan
I agreed with what Sam said, it's the Japanese government who didn't want Nissan to collapse. In Japan, Nissan is known to be better than Honda but in many other countries outside Japan, Honda seemed to be stronger. Datsun, a well known brand decades ago which changed its name to Nissan has been the pride of Japan and Japan look at pride highly. In fact, if Nissan were to allowed to go bust, Honda and Mitsubishi will eventually follow so by merging all 3 brands, their chances of survival is higher even though it is not guarantee judging from the conditions of Car industry today.
WELL SAID!
Change is coming and they are not prepared, This will not change there outcome. Great video. Merry Christmas Sam to you and your family.
What i learn about these Japanese auto companies, they will lie and cover each other asses since they're fellow Japanese and they should help each other. They dont like criticisms and have narrow minded way of running business. Nissan, Honda and Mitsubishi will run into a ditch together. At least they can keep each other company in there.
😂 it is scary down there
The problem is that Honda and Nissan are global companies. They cannot survive if they lose market shares all over the world.
Seems the Japanese motor industry is going the same way as the UK's motor industry over the 1970-80, merged out of existence. 😢
Only thing is uk cars in 1970s were shit and uk factorys all on strike 😂
The merger is a very strong indication that these two Japanese autos are collapsing. No one should trust Japanese autos anyway because they continuously lied about their safety records.
So are the Chinese brands, only difference is we all expect the Chinese brands to be "not as described" and if they atleast get close to what they claim then that's a massive Win.
And that’s why you get the least reliable of Japanese and German cars the USA gets the worst version of Japanese and Germans cars stick to your smoggy fords and dodge trucks
This sounds a lot like when BMC was forced into a merger with Rover and Triumph by the government, what became British Leyland, it was a disaster, which kickstarted the end of British mass production car manufacturing
Too bad for Honda , nissan and mitsu are lesser cars , not in the same class as Honda.
Honda is not what it use to be. I'd rather have a Corolla than a Civic these days.
Honda sales have been Declining in many markets, only reasons drops is that they are not producing what buyers want
they can't threaten Chinese EVs or Tesla, but they surely can threaten Toyota and VW
EV's are no threat to Combustion engined cars though... two different markets also, why did you feel the need to conflate the two?
@@mrwpg Most of people in EU or North America can not affort EV because they are too expensive . I would buy a Chinese EV in a heart beat if there are allowed to come to North America .
@@mrwpg
EVs sold around 8 millions in 2023 and ice felt threatened. It is a big chunk taken away from ice.
@@mrwpg 2 different markets, ah? Hahahahahaha, nice try.
@@mrwpg Each EV sold is one internal combustion engine car that is not sold. How can that be two different markets? In the US, EV are so expensive that it is a small market. But outside the US that is not the case. Honda, Nissan, Toyota are global companies. Even if the adoption rate of EV slows down, Chinese manufacturers are selling hybrids all over the world. Honda and Nissan will lose their Latin American, African, Middle East and South East Asian markets. Do not forget, as EV takes over the Chinese market, China has a lot of factories that make internal combustion engine cars going idle. China can flood the world with ICE cars. Those ICE cars will be cheap because the new owners of those factories buy them at scrap prices. An ICE car factory that once cost billions of dollar to build may now be worth 50 million dollars.
The blind leads the blind into the ditch!
Old saying!
This will become like the British Leyland of Japan
Honda and Nissan's market and product lines are more overlapping than complementary to each other. This certainly would discount effectiveness of a merger.
Nao...pk ficam duas a fazerem os mesmos produtos???....juntam se e fazem um so....juntam se as sinergias....mss sera suficiente ou tem se apresentar produtos diferentes bons e baratos????
They are merging for two reasons one is the ev tech that nissan has that honda wants that way they can become a bigger player in the ev market and Nissan has a midsize truck that Honda wants the frontier and Nissan needs the capital that honda is offering
Merry christmas to you! The desperation in both companies is palpable
Time is up on these Legacy Auto companies, no quick fixes are available but lots of future pain.
You are insane, nobody is buy the electric bombs, they are useless... you EV / Net Zero cultists need help.
@@mrwpg
8 millions electric "bomb" sold worldwide in 2023.
with legacy automakers will die everything.. mass EV adoption will end transportation unless we start heavily building nuclear power plants, EVs are similar to fridges.. you buy it it breaks after 5 years, you cant sell it as used so you basically have to buy new car every few yers for full price and charging costs will skyrocket with more EVs on the roads.. right now is the best time to drive EVs.. with more and more EVs on the road it will start to be much worse and more expensive
Nissan: I got 7 billion debt I can't pay, I must merge.
VAG: Rookie!
Nissan get rid of the CVT TRANSmission!
You must be a rocket science-tist LOL Such putzes over there at Nissan.
I swear, The Hidden Path to Manifesting Financial Power is one of the best books I’ve read. It’s life-changing.
They are all doomed. 😮
Not really. When people realize EVz are crap they'll stop buying them and start buying Japanese again.
I hope you are right, but I think you are wrong because they won’t survive the intermediate period
They need to merge with a battery company like Panasonic, not another Automaker. There's too many overlaps. This will lead to layoffs.
Japanese car makers aren't as beholden to labour regulations as their European counter parts so layoff might not be an that big an issue
Elephant in the room! Do the math, EV's avg 15kWh/100km. In 2020 Australiapassenger vehicles travelled 170 billion km. Where will you get the electricity from?
I think at some point there will be the acceptance that combustion engines will always exist, and in good numbers.
As Ghosn has stated in his recent interview, the Japanese government will intervene to prevent Nissan from sinking and they have Honda in their crosshair as the perfect victim.
they can't threaten Chinese EVs or Tesla, but they surely can threaten Toyota and VW😅
The merger is a day of reckoning for the Japanese auto industry. There'll be more historic events to come.
The ICEV market is shrinking and downsizing is likely to increase. It makes no sense to take on more factories from the most endangered producers. If you are among the strongest producers, let the weakest fail so you can take the market they would have served.
Merry Christmas, Sam!
haven't seen any innovations from Nissan for over a decade
Since Renault took them over they've essentially been a dead brand.
Where I am in Europe I can buy Honda civic hibrid for €36000 or Škoda superb mild hybrid brand new for the same money. People who would buy Honda civic can buy Škoda octavia mild hybrid automatic for €10000 less. So to buy Honda you must be insane. I would rather buy Honda for the similar money but at this moment you can choose a class and size above with better warranty. They should go bancrupt if they are incapable of logical thinking.
I agreed with what Sam said, it's the Japanese government who didn't want Nissan to collapse. In Japan, Nissan is known to be better than Honda but in many other countries outside Japan, Honda seemed to be stronger. Datsun, a well known brand decades ago which changed its name to Nissan has been the pride of Japan and Japan look at pride highly. In fact, if Nissan were to allowed to go bust, Honda and Mitsubishi will eventually follow so by merging all 3 brands, their chances of survival is higher even though it is not guarantee judging from the conditions of Car industry today.
Tethering life boats to eachother but the storm is still here!
Nissan has been in trouble since the 90s. Probably long before that. I remember all the talk, I was working at a dealership back then.
They need to start tooling for robots like yesterday.
Simply: project all the debris on Nissan which will go bankrupt to give a survival with new production methods (like Tesla) to Honda. Sounds like a plan?
Ford was quickest to learn, "our ICE engineers cannot compete in the EV marketplace." So, Ford started a new division. Now Ford is making noise on how to bring EV's to market to the end user. I wouldn't want to be a Dealer Principal right now, of any legacy brand/brands attached to the ICE business model.
In my long experience as a consumer, when a company with a good culture merges with a bad culture, the bad culture wins. Simply, to be good takes effort, mediocrity is the easy default. Unless you fire EVERYBODY from the bad culture, they will wear down those trying to do a good job. Bye bye Honda, you were great.
Correct, Nissan is the perfect example after Renault destroyed the Nissan reputation and quality.
The 15 minute city is coming.
The cvt transmission on my two nissan vehicles went kapoot within months of driving them and nissan told me i have to pay for the replacements since its not covered under the warranty even though i was assured it was prior to purchasing the vehicles. So F them seriously.
It is covered under new car warranty in all countries,
Nissan is Renault
@@daweigo6851 In Malaysia, after inspection by a Nissan authorized service center they said to me the transmission faults was caused entirely by, and i quote 'my way of driving'. Not Nissan's fault. I guess i shouldnt be driving these cars regularly on the highway/motorway at 100km/h commuting to work. And im not the only one in my country facing this bs. Found out recently a class action lawsuit being filed against them for not adhering to its warranty commitments. Lets see how that goes.
Most car companies losing money, i wonder why.
because China is the biggest car market, and most western and Japan brands heavily depended on Chinese market as long history, but suddenly the all losing dramatictly to Chinese brands EV, so most brands need put all hope to US market now, losing profit to stable their market share become only choice....
@feiyu2205 I would say not being able to sell what the public wants is bad for buissness
#1 reasons for that is car prices $$$$$$ have gone insane. Chinese vehicles are selling well globally because they not only look nice but are quite good and are very affordable compared to all other legacy automakers.
This only gives them a oretext to borrow more money from the banks to keep them afloat for about 18 months.
EV's might be mainstream, maybe, around 2030. You can yell and stomp your feet, but nobody is talking about the infrastructure. Until that happens, keep pushing that date back. Middle America is not ready for an EV world. How about all the farm equipment etc. These issue are nowhere near being resolved. Long-haul trucks aren't even near ready to move America. What are you going to do, put a charging station every 150 miles across America? Even rail is diesel-electric, thay haul 1000's of gallons of fuel from point a-b.
Seems this topic is carefully avoided on this EV propaganda channel. Without government subsidies, EVs are dead.
Naameriica boasted as being the "number one" country in the world. It can print from thin air.
Why can't it afford those infrastructures is beyond so many people from the third world.
Generators are going to be the answer. Sounds silly, but unlike ICEVs, EVs are able to switch from electricity power source. Also, an internal combustion engine outside from a car can operate more efficiently than inside a car since the engine always runs at the ideal RPM.
There are alternatives though. I think ICEV running on hydrogen will still be a commonly accepted thing in cities.
@@EenTH-camGebruiker Go back to your star ship, then return in 2500 and see how things changed. Small nuclear devices have been considered on a small scale to generate power, but using ice to recharge ev's doesn't solve the current issues. Hydrogen is out there but has been dropped because of the production economics. My point is infrastructure.
@@ArmadilloGodzilla I agree 101%. Middle America needs about 99% input to create some infrastructure. If you can't re-charge your car in 15 minutes or less, and get a range near an ice vehicle range, and semi-trucks with fully loaded trailer going 500+ miles none of this is going to happen. EV's will be in our future, but not in 5-6 years, more like15-20 years, with billions of $$$$ from the government.
At least managing the merger will help the managers think they’re doing something worthwhile.
Plot twist: Carlos Ghosn is called to fix this mess, and fixes it. Overseas 😅
Reminds me of the telecom and airline business in the US. They are still in business but the customer service is terrible due to lack of competition.
Simply put this is a smart phone moment, where Nokia and Ericsson joins and buys the same 3G phones while China is production smartphones, doesn’t end well for Nokia does it
The last Nissan I had was a 2012 Diesel T31 X-Trail it had DCT absolutely fantastic car, Honda has been a basket case since the 2008 financial collapse, the Civic is overpriced and has a crappy CVT, as for Mitsubishi, it's been on life support for decades. None of these companies are bringing good products to market and I don't think the Chinese would even buy the brand as the companies themselves have flushed their reputations down the dunny years ago. I think the only way any of them can survive is for Toyota to take all the companies over, and ensure they sack anyone involved with engineering and design. The Chinese will make 70-80% passenger cars within the next seven to ten years. Then you will have VW group, Toyota group, Ford and GMH as the only major manufacturers outside of China.
Ancient Chinese proverb "Two Wongs don't make a white"
😂 Man with hole in his pocket feel cocky all day.
man who walks sideways through turnstile going to Bangkok
Is the future 3d printing autombiles and very limited human involvement in production? Time will tell .
Thank you!
greetings from Sweden
As someone that uses a 3D printer I can tell you they are Waaaay too slow and you'd still need to add all the extras.
Pressed & Vac formed panels take seconds to create.
@0utcastAussie I take your word for it. Im a truckdriver what do I know. 😅
So are there no significant production efficiency techniques in the near future?
@@rollotomassi8251
I'm a Truck Driver too but my hobby involved 3D printing. I think there's some videos of my printer in action in my videos list.
@@0utcastAussie nice I will check it out
We agree. An ultimate failure.
Honda stock down, Nissan and Mitsubishi up!
In the near future these merges will happens a lot, because simply the automarket will shrink tremendously. In 15 years I think the volume of the sold new cars will be halved at least if we still on the track this forced ICE replacement. I think in 3 years or maybe less the german brands also will merge. The goal is sharing the costs in the development, the production and the marketing.
Hope this isn't just shuffling the deck chairs on the titanic kind of move.
Honda is now larger, has more loss making capital overheads, has more shareholders to pay out to, more employees and therefore is less flexible, less able to refocus and more likely to go under. We will see, this may be a way of winding down Nissan, closing down their plants and laying off their employees without allowing BYD to buy the Nissan brand identity, but I can't see it working.
Bought new Honda CRV. Two active safety recalls. No fix due to no spare parts. Next car is BYD!
Still better than Renault controlled Nissan crap boxes. So sad as both Nissan and Honda were powerhouse manufacturers of mid sized cars for about 30 years.
What will this new entity be called ? Nonda ? Hissan ? Mitsunissan ? or Hondabishi ?
Studebaker, meet Packard. Packard, meet Studebaker.
Studebaker-Packard, meet Kodak, BlackBerry and Nokia.
It will end in disaster if they continue the way they are going now. Big changes need to be made across the board. In the short term they get some nice share gains and investment from believers. But as soon as everyone realizes they are wasting it, shares will drop again and investors will pull out.
Doesnt matter, they will be gone 10 years from now😂😢
Each EV sold means less sales for ICE automakers. Here is the total EV sales for top manufacturers in 2023:
1. BYD: 1.86 million units.
2. Tesla: 1.31 million units.
3. SAIC-GM-Wuling: 866,000 units.
4. Volkswagen Group: 850,000 units.
5. Geely (including Volvo and Polestar): 670,000 units.
6. Hyundai Motor Group (Hyundai and Kia): 610,000 units.
7. GAC Aion: 500,000 units.
8. BMW Group: 400,000 units.
9. Mercedes-Benz: 350,000 units.
10. Changan Automobile: 310,000 units.
BYD leads overall EV sales, while Tesla dominates in BEV-only sales.
I'm waiting to start work at the new aesc battery plant being built in sunderland uk to supply nissan is it a good idea just to stick at my current job I'm really unsure what to do please help advicee needed
BYD will probably buy the plant.
That's if Starmer the Granny Harmer doesn't take us back into the EU.
@0utcastAussie I was thinking a Chinese car company might as they have already took the old nissan plant in Barcelona think that was saic either way u think nissan won't make it I was looking forward to a new challenge in a new industry aswell
batteries at the price of gold, who needs that?
So called investors just see a short term gain and not the longer term. Has Renault pulled out of Nissan now?
Remember Stellantis here in the US😢😢😢
G'day Sam. Can you please cover KTM? This once great Austrian company is now broke. Perhalps a Chineses company like CF Moto could step in. CF Moto actually makes a moto based on a 2009 KTM. Please shed light on this. Thank you😊
Merging in the hopes of getting future 'we are now too big to fail' government bailouts 😒
Its a game of somebody says he wants to buy Honda. Then the stock price goes up.
He then sold the Honda shares and sold even more than he owns.
Then he will say he decides not to buy Honda anymore. He will win another time.
That someone is the Taiwanese Apple contractor Foxconn.
Nissan's sale staff don't even buy nissans ,gear boxs fail all the time
Nokia*2≠Apple
Certainly not Apple. But at least we know this merging will make it twice as terrible as before... it's like putting two dumb students together will not make them suddenly become geniuses😅
I remember the Nissan comeback story with GTR
Only time before Mazda falls as well.
Toyota has a stake in Mazda and Subaru
What are you talking about, Mazda isn't going anywhere!
Nokia and Blackberry merge 😂
This merger is a good thing, more Hondas evs using Nissan technology, plus Mitsubishi technology
As I said last time, two elderly spinsters sharing their last cat.
At one time in history there used to be hundreds of horse drawn carriage makers.
Nowadays, if you do not count the Amish, none carriage builders.
Figures the same will happen to legacy auto makers.
Why waste good resources on a failing enterprise ? Japanese golf buddies ?
Nissan and Mitsubishi will drag what is left of Honda down.
This isn't a disaster for Japan, it's a business decision that they're forced to make due to future forcing functions on their businesses. "Experts are saying" are probably poor people who shorted TSLA. Fuck those ideas, how about these legacy auto makers only have one lifeline, and it's not merging and consolidating, but leasing technology before they get Nokia/Motorola'd out of their kingspace.
Disappearing like Chrysler.
Maybe Honda could benefit from Nissan's dealer network. Other than that, their reasoning is beyond me. They need every one of their brain cells laser-focussed on their own survival plan - and at best, the acquisition is a massive distraction from that.
If they merge and then reduce models, they can then buy time by selling some of their factories to Chinese manufacturers. They’ve got a couple good products. They need scale though. Perhaps a Honda version of the Nissan leaf?
Unless the Japanese government steps in, which they likely will, there won’t be a high chance for survival though.
they seriously need to consider inviting foxconn since before the merger foxconn was interested in acquiring nissan too.
beginning of the end for Japanese auto industry. ULTRA poor leadership.
Are we saying that a new car is cheap at the moment? No room for any more discounting?
British Leyland
Would it not be best to diversify further like indistrial heavy machinery, aviation (eg. Honda jet) rather than going to an EV shift but hybrid cars like Toyota. A 100% EV shift is risky as China can produce them cheaper.
It's a good idea. Nobody wants to die alone. This way, they'll both have company when the grim reaper comes knocking. Also, it saves him having to make a separate trip for Honda, so it's win-win.
Yep, politics and business never make good bedfellows.
Dear Viking, in your words, When You Think About It, etc
Do you ever think of workers' rights, pay, conditions etc when you swoon about cheap production in your favorite country?
Truth Is, Tesla can make a profit in high-pay countries like USA and Germany. But Teslas are not as cheap as byds.
Same thing happened long ago when Apple and co started production overseas. But still sold em at high price LOL
After the merger of Nissan ans Honda the new company will be known as Nihon lol
That said Japanese car makers arent as beholden to labour regulations as their german counter parts so let see
This merger is an example of Moore's Law
It it goes through, it ll kill honda too.
Nokia buys Kodak and All is well..........
I think you undervalue. Nearly Every Maschine has a Honda combustion engine. EV maybe will reach 30% at Maximum. Well See WHO hast the Long breathe. I Like the japanese in global competetion, this will force all manufactures to give their best. But as motorcycle Enthusiast theres No one Close to japanese quality Not even BMW and im saying this as a German
Square of bad is not good.
Combing saddle and horseshoe companies.
Honda will let Nissan and Mitsubishi develop low-cost EV system technology, which they specialize in, so Honda can focus on developing their own expertise in internal combustion engines and hybrids, as well as motors for hybrid vehicles. This will allow Honda to respond to the market by gradually switching to EV production when engine vehicles are banned in developed countries. Considering the circumstances of developing countries, engine vehicles will never disappear from the earth, and the current world largest engine manufacture Honda and Suzuki, a giant in India may end up being the winners. However, Nissan's future depends on their efforts.
Won’t you mention the case of slavery in Bys factory in Brazil?
That's not what propagandists do
Nissan has heavy vehicle experience , they make trucks and utes as well as the finest high performance cars , Honda has the best passenger vehicles and people movers , merging makes total sense
There is a chance that the Suzuki will merge with someone, maybe Toyota. It is kind of a same situation. The Suzuki probably need someone but the Toyota not really. The Suzuki was good making cheap, affordable small cars, but there are no more cheap or affordable cars. They have zero EV and real hibrids. Maybe they can find enough market outside of the EU.
Suzuki big in india and other developing car markets ...the small ice cars very popular
Let’s face it, they do not want the average pawn to own a vehicle
The only thing that I see Nissan bringing to the table is their experience building EVs. Their Nissan Leaf has been out for a long time, but it's pathetic compared to Tesla! I believe the GM jokes are better, even.
Foxconn is interesting. They know technology! Maybe they could radically improve the company. Apple could buy them, and eliminate the debt instantly. With their tech skills, they could probably turn Nissan into something worthwhile, although the name would completely retire. I am camp Android, but I would consider an Apple Leaf. (Even the name seems to fit)
Hossan? Ninda?
They will in fact do just fine. With them merging they will become a very big company and do well. I am back in the UK for Xmas and surprised to see not as many EVs as the media and certain TH-cam channels make out. Lots of unsold EVs piling up here I noticed. In my parents street, not a single EV anywhere.
Toyota are going to produce EVs for the china market only otherwise stick with ice vehicles. Honda and Nissan merging will be a good thing as long as they stick with mostly ice vehicles.
Well in uk they can't because new petrol diesel being banned by 2030 so they won't do fine here by doing that
@@Dw91-k8n we will have a non communist government by then
@@Dw91-k8n You know it, I know it, that 2030 mandate will never happen. Not physically possible. Petrol and diesel cars will be here for a long time yet.
@Car-crazy that's true they will be around but In new form I'm not so sure
Uk is to small to support the survival of these giants.
Let Nissan fail, time for these crappie auto companies to go away. Sam, you still live in a dream world. The Toxic EV cult insanity is dead.
they will be fine