According to various media, manufacturers Honda and Nissan are reportedly preparing for a possible merger , with both firms seeking closer collaboration to pool their resources and strengthen their position in the global automotive industry , and confront electric car manufacturers.
The two major Japanese automakers are expected to operate under a joint parent company , with plans to sign a memorandum of understanding to discuss shared equity stakes in the new merged entity.
In Mexico, both firms have shown optimal performance, according to figures from the Administrative Registry of the Light Vehicle Automotive Industry (RAIAVL) of the National Institute of Statistics and Geography (Inegi) .
So far this year, the industry established in Mexico has exported 3,213,132 units , of which 213,673 vehicles have been of the Honda brand, representing 6.6% of the share. Meanwhile, Nissan has sent 421,407 units abroad, equivalent to 13.1 percent. The share of both brands in exports is 19.8 percent.
Sentra is Nissan’s most exported vehicle, with 187,918 units, and the HR-V is Honda’s most exported vehicle, with 156,665 units, in the cumulative period from January to November 2024.
So far in 2024, car sales total 1,350,362 vehicles, of which 38,418 are from Honda and 229,883 from Nissan.
The Versa is Nissan’s best-selling vehicle with 83,551 units and the CR-V is Honda’s best-selling SUV with 10,746.
In terms of production, so far in 2024 the industry has added 3,764,490 vehicles , of which 165,349 were from Honda, while Nissan contributed 636,145 units.
The share of both brands in this category was 20.2%, with 759,377 units produced. Nissan’s most manufactured vehicle was the Sentra , with 191,480 cars produced in the period.
The purpose of this merger would be aimed at confronting Chinese manufacturers of electric vehicles and the American firm Tesla, who have an advantage in this market worldwide, according to several media outlets referring to the Japanese media Nikkei .
According to the Mexican Automotive Industry Association (AMIA) , Honda has six plants: two for vehicles, with an annual production capacity of 384,290 units ; as well as two for engines and two for transmissions.
Nissan has three plants, where it manufactures around 750,108 vehicles a year. It also has a facility where it manufactures engines, where it produces 747,000 units annually.
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