this post was submitted on 23 Dec 2024
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Honda and Nissan announce merger to form world's third largest car company (www.rfi.fr)
submitted 2 days ago by Joker@sh.itjust.works to c/technology@lemmy.world
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Japanese automakers Honda and Nissan have announced plans to join forces and form the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.

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[–] Sunshine@lemmy.ca 18 points 1 day ago (2 children)

Expect less competition and higher prices

[–] cornshark@lemmy.world 1 points 1 day ago (2 children)

Really? I thought the competition these days was coming from China, not from Nissan

[–] humble_pete_digger@lemm.ee 3 points 1 day ago

Problem is - Chinese cars don't make it to us. Because tariffs.

So end result is less competition on us market and higher prices.

[–] Kbobabob@lemmy.world -1 points 1 day ago

Didn't you mean Japan? Nissan isn't a country.

[–] collapse_already@lemmy.ml -1 points 1 day ago

Trump's tariffs are going to cause higher prices. I hardly think going from 40 auto companies to 39 will make much of a difference. Especially, compared to the problem I mentioned.