Japanese car giants Honda Motor Co. and Nissan Motor Co. are reportedly in discussions about a potential manufacturing partnership, aiming to strengthen their global competitiveness. According to a report by news agency Kyodo, the two automakers plan to collaborate by sharing production facilities and resources.
If the talks progress successfully, the partnership could lead to the creation of the world’s third-largest automotive group by vehicle sales, following Toyota and Volkswagen. Together, Honda and Nissan are estimated to produce around 7.4 million vehicles annually.
As part of the proposed agreement, Honda may supply hybrid vehicles to Nissan. This move aligns with the growing demand for fuel-efficient cars, especially in markets like North America. Additionally, the two companies are considering the joint production of hybrid vehicles for this region.
This potential collaboration builds upon a previous agreement made in March, where Honda, Nissan, and Mitsubishi Motors decided to explore joint efforts in electric vehicle (EV) development. However, a Honda spokesperson clarified that while discussions are ongoing, no final decisions have been made yet.
One key aspect of the proposed partnership could involve Honda utilizing Nissan’s car manufacturing plant in the United Kingdom. Currently, Honda operates only engine and motorcycle factories in Europe, and access to Nissan’s facility could enhance efficiency and reduce production costs.
Despite the optimism around this potential alliance, former Nissan chairman Carlos Ghosn expressed skepticism about the move. Speaking to Bloomberg Television, Ghosn described the collaboration as a “desperate move” and questioned whether meaningful synergies could be achieved between the two automakers.
While the future of this partnership remains uncertain, the discussions highlight the ongoing shifts in the global automotive industry, where collaboration is becoming essential for growth and sustainability in an increasingly competitive market.