Failed To Unite With Honda, Nissan Is Now Approached By Toyota?

Chairman of Toyota Motor Corporation, Akio Toyoda. (Doc. Global Toyota)

JAKARTA - Automotive manufacturer from Japan, Nissan is faced with a difficult time to be able to maintain its operations globally.

For this reason, this manufacturer based in Yokohama has done everything it can to save itself in the midst of the current world economic challenges, one of which was almost a merger with Honda.

However, the deal came to a stalemate. The company certainly failed to merge with Honda earlier this year. One of the causes of the cessation of talks is that Honda wants Nissan to become a subsidiary.

Now there is the latest news from Nissan where they were reportedly contacted by Toyota, a fellow Japanese competitor who is likely to commit an alliance.

Japanese media reported Mainichi Shimbun, written by Motor1, Tuesday, May 20, saying that Toyota officials had spoken to Nissan about several forms of partnership.

Nissan refused to comment on this matter. However, Toyota is still reviewing the report before issuing an official statement.

Earlier in February, Toyota Chairman Akio Toyoda said that his party did not accept any talks related to partnerships with Nissan.

"Nissan has not made an approach to Toyota regarding any merger," Toyoda said.

He also added that if Nissan was considering merging with Toyota, it would not be realized because it could potentially violate applicable laws.

"But even if they consider it, it will definitely violate anti-monopoly laws. So maybe they considered it, but decided not to do it because of the rules," Toyoda said at the time.