It’s good from Nissan’s perspective as it bails them out of their current situation.

From Honda’s perspective the jury is still out there! What’s the benefit.. Nissan doesn’t make reliable cars plus they are in a ton of debt.

The merger also raises a great question. What happens to the reputation of these three brands.

Traditionally, Honda is known as an extremely reliable brand for a very long time; Nissan and Mitsubishi not so much.

This merger will allow these companies to benefit from reduced R&D.

#Honda #Nissan

This merger will allow struggling Nissan and Mitsubishi to gain access to much needed resources during a difficult time.

The merger is also beneficial to Honda as it will gives access to different body styles and battery technology.

#Honda #Mitsubishi #Nissan #Automotive #Merger

What do you think happened to the affordable car segment? Was it a result of shifting consumer preferences, stricter emissions standards, or rising production costs? Or perhaps a combination of all three?

#autoindustry #carprices #consumerchoice #automotive

It's a shame to see these affordable options disappear. They played a crucial role in building brand loyalty and providing mobility to a significant portion of the population.

Unfortunately, affordable options have largely disappeared from the market. Rising costs, stricter emissions standards, and shifting consumer preferences towards SUVs and trucks have contributed to their demise.

But those days seem to be long gone. Today, even the most basic new cars are priced well into the $20,000s. This trend is not only frustrating for consumers but also detrimental to the automotive industry as a whole.

These affordable cars played a crucial role in building brand loyalty. By offering accessible entry-level models, automakers could cultivate a customer base that would potentially upgrade to more expensive vehicles as their financial situations improved.