Is Nissan's decline inevitable? Honda merger talks could hold key to survival

Dec 10, 2024 - 04:30
Is Nissan's decline inevitable? Honda merger talks could hold key to survival

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Nissan faces a potential bankruptcy within the next year due to a 70% profit plunge and a $60 million loss. The company plans a $3 billion restructuring, including 9,000 job cuts and production reductions. A potential merger with Honda is being considered as a solution to navigate the challenging automotive market and bolster its struggling electric vehicle offerings.

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