A potential merger between Nissan Motor Co. and Honda Motor Co. could mark a major shift in Japan’s auto industry, coming after Nissan’s struggles and past partnerships like the one with Renault. Can you guess which of the following is NOT a factor influencing Nissan’s current situation?
A) Its heavy dependence on the Chinese market
b) Cash burn and billions of dollars in upcoming debt
C) A previously failed merger with Foxconn
D) Toyota’s global dominance and focus on hybrids
Do you know the answer? Let us know in the comments below!
(We will reveal the correct answer in tomorrow’s quiz, so stay tuned!)
And the correct answer to the previous quiz is… B) Becoming the youngest World Chess Champion!
The correct answer is C) A previously failed merger with Foxconn.
Nissan has no history of a merger attempt with Foxconn. The other factors—dependence on the Chinese market, financial challenges, and competition with Toyota—are significant influences on Nissan’s current situation.
Toyota’s success is unrelated to Nissan’s troubles. In fact, Toyota is thriving with its hybrid strategy, which has no direct connection to Nissan’s current struggles. On the other hand, reports suggest that Foxconn had considered taking control of Nissan but lacked the automotive expertise to be a good fit.
