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Ex-Nissan Boss Carlos Ghosn On Honda Merger

December 21, 2024
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Ex-Nissan Boss Carlos Ghosn On Honda Merger
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Carlos Ghosn has by no means shied away from making daring statements, and following his dramatic escape from Japanese authorities over alleged monetary misconduct, it was unlikely he would merely retreat into obscurity. At the moment, Ghosn is again within the highlight, weighing in on ongoing discussions a few potential merger between Nissan and Honda, and his trademark candor stays evident.

This growth coincides with our Friday roundup of stories from the auto trade and tech sector, which additionally touches on a Tesla recall involving over-the-air software program fixes and updates on the attainable deployment of Tesla’s Cybercab in Austin.

Nissan and Honda Merger Talks: A Determined Transfer?

It has been years since Ghosn was concerned with Nissan—his arrest in Japan occurred in 2018, adopted by his escape in 2019—however he possesses a deep understanding of the corporate. He was instrumental in forming the Nissan-Renault Alliance in 1999, which efficiently pulled Nissan again from the brink of chapter. Nonetheless, the present situation seems to be grim for Nissan, because it’s struggling to maintain tempo with extra technologically superior opponents, notably from China. As Japan seeks options, Honda is being thought-about as a possible associate, with merger talks anticipated quickly.

Ghosn, chatting with Bloomberg, expressed skepticism in regards to the merger’s viability, labeling it as “a determined transfer” and questioning the potential synergies between the 2 firms, which compete in lots of the similar markets. He urged that exterior pressures from the Japanese authorities could also be influencing Honda’s willingness to pursue this merger.

Moreover, whereas acknowledging the urgency of Nissan’s state of affairs, Ghosn identified the shortage of business logic behind the potential deal. His insights might replicate a broader concern that Japan’s Ministry of Economic system, Commerce and Trade is pushing this merger to mitigate international management over very important home firms.

On the subject of international curiosity, Ghosn additionally addressed hypothesis relating to Taiwanese electronics big Foxconn’s curiosity in Nissan, suggesting that Foxconn’s administration might desire buying an present automobile producer to creating an electrical automobile independently.

Tesla Recall: Over-the-Air Updates for Tire Sensors

In different information, Tesla homeowners ought to pay attention to a current recall affecting roughly 700,000 autos, together with the 2024 Cybertruck and varied Mannequin 3 and Mannequin Y vehicles. This recall, categorised as an over-the-air replace, addresses a flaw within the tire stress monitoring system that will fail to alert drivers about low tire stress, thereby growing crash dangers.

Tesla Cybercab Potential Deployment in Austin

Austin might quickly see Tesla’s Cybercabs on its streets if CEO Elon Musk’s plans materialize. Communications obtained by way of public file requests reveal that Tesla has been in talks with Austin’s autonomous automobile process drive to ascertain security protocols. Though Austin is being thought-about as a possible launch metropolis for Tesla’s driverless fleet, no closing determination has been made but.

Regulatory concerns in Texas appear much less stringent in comparison with different areas, however Tesla might want to navigate licensing necessities for its autonomous automobile operations.

Public Opinion on Robotaxis

As autonomous automobile expertise begins to take root in cities like Los Angeles, Phoenix, San Francisco, and Austin, public sentiment is essential. How do residents in these areas really feel about robotaxis, and what security measures do they deem mandatory ought to these autos change into commonplace?

As these developments proceed to unfold, the auto trade’s panorama stays dynamic, formed by rising applied sciences and shifting market methods.



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