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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[–] w3dd1e@lemm.ee 5 points 1 day ago (1 children)

It’s crazy how much of the car market has already been consolidated. They just keep putting out cars with other makes, even if they are owned by the same company. Hyundai and Kia are a perfect example.

[–] kameecoding@lemmy.world 3 points 1 day ago

Wait till you find out how many components are shared, all the new mazda Hybrids use Toyota's power train, while the Toyota Supra uses BMW's B58 engine.

This Honda Nissan situation is basically what happened with Hyundai and Kia in the past, Kia was struggling so Hyundai bought most of it.

Economies of scale are needed nowadays, lots of shared parts, Kia/Hyundai sell the same vehicles, just with different stylings and minor differentiators.

VW group is entire tiered system with some engines reserved for Audis. VW, Skoda and Seat are once again basically the same cars with different flavors, but for example the latest VW passat was built by Skoda.