The era of consolidation has fully arrived for the automotive industry, and we have electric vehicles to thank. Granted, that era almost certainly kicked off a few years ago when Fiat Chrysler and France’s PSA Group combined into Stellantis. And even before that, the now-late CEO of Fiat Chrysler warned that consolidation was the only … Read more
The world was a bit shocked when news of a potential merger between Honda and Nissan was dropped. But the bigger question that crossed many minds was, “Why?” We know Nissan has been in some financial trouble lately, but for Honda to consider throwing it such a lifeline is perplexing. However, new reports indicate that … Read more
Carlos Ghosn was never one to pull his punches. Even at the peak of his power at the helm of one of the world’s largest automakers, he always had a lot to say. So following his daring escape from Japanese prosecution for alleged financial crimes, nobody should have expected the former Nissan-Renault boss in exile … Read more