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Nissan

Speculation surrounding Nissan’s leadership has intensified following the automaker’s unsuccessful merger attempt with Honda. According to a Bloomberg report released on Thursday, Nissan’s board of directors is actively considering candidates to replace CEO Makoto Uchida, who has led the company since 2019. The potential shakeup is said to be part of a broader effort to streamline the company’s management structure, with an official announcement expected on March 12.

Despite these reports, Reuters suggests that Uchida may retain his position. His contract is set to expire in 2026, and while he has previously stated his willingness to step down if asked, he has also expressed his intent to stabilize the company before his departure. However, this goal has become increasingly challenging following the collapse of the Honda merger.

Nissan is bracing for a substantial financial setback, anticipating a loss of approximately ¥80 billion (RM2.48 billion) by the end of March. This comes after Uchida’s proposed turnaround plan failed to yield the expected results. Compounding Nissan’s troubles, the company faces significant debt obligations in the coming year.

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The merger discussions between Honda Motor Co. and Nissan Motor Co. have officially collapsed, with tensions running high over the conditions proposed by Honda. A senior Nissan official expressed strong discontent over what he described as “rude” demands made by Honda during the negotiations.

At the core of the disagreement was Honda’s insistence that Nissan become its subsidiary, a condition that ultimately led to the breakdown of the talks. Honda also pushed Nissan to restructure its business and abandon its proprietary hybrid vehicle (HV) system, e-Power, in favour of Honda’s own HV technology. These proposals were perceived as an affront to Nissan’s reputation, particularly given its historical branding as the “Nissan of technology.”

From Honda’s perspective, integrating Nissan’s sales channels with its hybrid system would have improved economies of scale, potentially lowering procurement costs for both companies. However, Nissan, once a leader in electric vehicle (EV) production, has struggled to keep pace with Toyota and Honda in the hybrid segment. A senior Honda official asserted that Honda had a clear advantage over Nissan in HV technology, further fueling tensions.

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Nissan Motor Co. sekali lagi mencari rakan kongsi strategik selepas menolak syarat cadangan penggabungan dengan Honda. Pembuat kereta itu, yang berdepan penurunan keuntungan dan pengurangan tenaga kerja, kini dilaporkan menarik minat baharu daripada syarikat elektronik Taiwan, Foxconn.

Berikutan laporan mengenai potensi penglibatan Foxconn, saham Nissan melonjak sebanyak 6%, manakala saham Honda meningkat lebih 8% selepas Nissan menarik diri daripada penggabungan. Rundingan yang gagal itu berpotensi membentuk semula industri automotif Jepun dan memberi kesan besar kepada masa depan Nissan dalam sektor kenderaan elektrik (EV).

Rundingan Penggabungan dengan Honda Gagal

Pada Disember lalu, Nissan dan Honda mengumumkan rancangan untuk bergabung di bawah satu syarikat induk, satu langkah yang bakal menjadikan mereka pengeluar kereta ketiga terbesar di dunia bersama Mitsubishi Motors. Namun, sumber dalaman yang biasa dengan rundingan tersebut mendedahkan bahawa terma yang disemak oleh Honda akan meletakkan Nissan dalam peranan sebagai anak syarikat dan bukannya rakan kongsi setara. Syarat ini dianggap tidak boleh diterima oleh lembaga pengarah Nissan, sekali gus menyebabkan kegagalan rundingan tersebut.

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Nissan Motor Co. is once again searching for a strategic partner after rejecting Honda’s proposed merger terms. The automaker, grappling with declining profits and workforce reductions, is now reportedly drawing renewed interest from Taiwanese electronics giant Foxconn.

Following reports of Foxconn’s potential involvement, Nissan’s stock surged by as much as 6%, while Honda’s shares rose over 8% after Nissan’s withdrawal from the merger. The failed negotiations could reshape the Japanese automotive industry and significantly impact Nissan’s future in the electric vehicle (EV) sector.

Merger Talks with Honda Break Down

In December, Nissan and Honda had announced plans to merge under a single holding company, a move that would have made them the world’s third-largest automaker alongside Mitsubishi Motors. However, insiders familiar with the discussions revealed that Honda’s revised terms would have placed Nissan in a subsidiary role rather than as an equal partner. This condition was deemed unacceptable by Nissan’s board, leading to the collapse of the negotiations.

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Nissan dilaporkan akan mengurangkan tenaga kerja di Amerika Syarikat secara signifikan sebagai sebahagian daripada inisiatif global untuk mengurangkan kos dan memperkemas operasi. Langkah ini adalah sebahagian daripada rancangan penstrukturan semula yang lebih besar, termasuk pengurangan kapasiti pengeluaran global sebanyak 20% dan pemotongan 9,000 pekerjaan di seluruh dunia.

Impak di Kilang Smyrna dan Canton

Dua kilang utama Nissan di Amerika Syarikat – Smyrna, Tennessee, dan Canton, Mississippi – dijangka terjejas, dengan anggaran 2,000 pekerjaan akan dihapuskan menjelang akhir tahun ini. Kedua-dua kilang ini mempunyai kapasiti gabungan kira-kira satu juta unit setahun, tetapi pemotongan yang dirancang boleh mengurangkannya sebanyak 25%, dengan jumlah barisan pengeluaran aktif mungkin dikurangkan daripada empat kepada dua.

  • Smyrna, Tennessee
    Menghasilkan model seperti Murano, Pathfinder, Rogue, dan Infiniti QX60. Pelarasan dijangka bermula selepas April 2025.
  • Canton, Mississippi
    Menghasilkan Altima dan Frontier, dengan perubahan dijangka berlaku selepas musim luruh.

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Nissan is reportedly preparing to significantly reduce its U.S. workforce as part of a global cost-cutting initiative, signalling a shift toward leaner operations. According to a report by Yomiuri Shimbun Online, nearly 2,000 factory jobs at Nissan’s Smyrna, Tennessee, and Canton, Mississippi, plants may be eliminated by the end of the year. These adjustments align with Nissan’s November 2024 announcement to cut 9,000 jobs worldwide and reduce global production capacity by 20%.

Factory Production Cuts in the U.S.

The U.S. factories in question currently have a combined production capacity of approximately one million units annually. The planned reductions could decrease capacity by 25%, potentially reducing the number of active production lines from four to two.

  • Smyrna, Tennessee: Produces models like the Murano, Pathfinder, Rogue, and Infiniti QX60. Changes could begin after April.
  • Canton, Mississippi: Produces the Altima and Frontier, with adjustments expected after the fall.

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Penggabungan Honda, Nissan, dan Mitsubishi menjadi satu kumpulan pembuat kereta bersatu telah mencetuskan keterujaan besar dalam industri. Jika terlaksana, gabungan ini akan menjadi pembuat kereta ketiga terbesar di dunia, membuka peluang luas untuk inovasi produk, sinergi strategik, dan penguasaan pasaran global.

Berikut adalah beberapa konsep kenderaan kolaboratif yang berpotensi dihasilkan daripada perkongsian ini:

SUV Bersaiz Penuh Honda Berdasarkan Nissan Armada

Konsep:

  • Nissan Armada (dikenali sebagai Patrol di peringkat global) merupakan SUV badan pada rangka yang kukuh, dilengkapi enjin V6 turbo berkembar 3.5 liter dengan 425hp dan 699Nm tork.

Potensi untuk Honda:

  • SUV Pertama Honda dalam Segmen Penuh: Dengan menggunakan platform Armada, Honda boleh menghasilkan SUV bersaiz penuh pertamanya untuk bersaing dengan Chevrolet Tahoe dan Ford Expedition.
  • Reka Bentuk Ikonik: Model baharu ini boleh dinamakan semula sebagai Honda Crossroad, menghidupkan kembali model ikonik masa lalu, tetapi dengan sentuhan moden.
  • Kuasa Hibrid: Honda boleh memilih sama ada menggunakan enjin V6 Armada atau membangunkan varian J35 V6 hibrid, menawarkan prestasi dan kecekapan bahan api yang lebih tinggi.

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The possibility of Honda, Nissan, and Mitsubishi merging into a unified auto group has stirred excitement, as it could create the world’s third-largest automaker. Beyond strategic advantages like resource sharing and market reach, the merger presents an intriguing opportunity for collaborative vehicle development. Here’s a look at potential outcomes from such a partnership:

A Full-Size Honda SUV Based on the Nissan Armada

The Concept:
The Nissan Armada, also known as the Patrol globally, sits on a rugged body-on-frame chassis and boasts impressive size and power, with its twin-turbocharged 3.5-litre V6 delivering 425hp and 699Nm of torque.

Potential for Honda:

  • Honda could use the Armada’s platform to create its first full-size SUV, offering a counterpart to American family hauliers like the Chevrolet Tahoe and Ford Expedition.
  • A refined version of the Armada chassis could support a new Honda model, possibly named “Crossroad,” harkening back to Honda’s past forays into rugged SUVs.
  • For powertrains, Honda could either adopt the Armada’s V6 or develop a hybridized version of its legendary J35 V6 for enhanced performance and efficiency.

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Nissan Motor Co. telah mengumumkan rancangan untuk kurangkan operasi di Kilang Shonan, Hiratsuka, Wilayah Kanagawa, sebagai sebahagian daripada usaha penstrukturan semula domestik dan global. Langkah ini dijangka mengakibatkan kehilangan ratusan pekerjaan dan merupakan inisiatif penstrukturan besar pertama di Jepun selepas pengumuman strategi pengecilan saiz global syarikat itu pada 2023.

Perubahan Pengeluaran di Kilang Shonan

Penghentian Pengeluaran Van AD

  • Nissan akan menamatkan pengeluaran van AD menjelang November 2024.
  • Alasan utama: penurunan jualan dan persaingan yang semakin sengit daripada jenama seperti Toyota.

Tinjauan Pengeluaran NV200 Vanette

  • Nissan sedang menilai semula pengeluaran NV200 Vanette, yang juga mungkin mengalami pengurangan.

Kapasiti Kilang Berkurangan

  • Kilang Shonan kini mempunyai kapasiti tahunan sebanyak 150,000 unit.
  • Dengan langkah penstrukturan ini, kapasiti pengeluaran dijangka mengalami pengurangan ketara.

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Nissan Motor Co. has announced plans to scale back operations at its subsidiary’s Shonan Plant in Hiratsuka, Kanagawa Prefecture, as part of broader domestic restructuring efforts. The move is expected to lead to the loss of hundreds of jobs and marks the first detailed restructuring initiative within Japan following the company’s global downsizing announcement last year.

Production Changes at Shonan Plant

The Shonan Plant, operated by Nissan’s subsidiary Nissan Shatai Co., focuses on manufacturing commercial vehicles such as the AD van and NV200 Vanette. Key updates include:

  • Cessation of AD Van Production: Nissan plans to halt production of the AD van by November, citing declining sales and intensified competition from Toyota.
  • Review of NV200 Vanette Production: The automaker is also considering scaling down production of the NV200 Vanette as part of its restructuring strategy.
  • Impact on Plant Capacity: The Shonan Plant has an annual production capacity of 150,000 units, but the downsizing measures are expected to significantly reduce this figure.

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