How Nissan and Honda's $60 billion merger talks collapsed
neuters.de
Intransigence, combined with what Honda management saw as Nissan's slow decision-making, helped torpedo a deal that would have created one of the world's largest automakers.

Summary

  • Nissan’s pride and denial hindered merger talks, sources say
  • Honda pushed Nissan for deeper cuts to jobs, factory capacity, sources say
  • Nissan unwilling to consider factory closures, sources say
  • Honda’s proposal to make Nissan a subsidiary caused tensions, sources say
    • Echo Dot@feddit.ukEnglish
      1·
      3 hours ago

      Because otherwise you’re spending more energy converting water into a hydrogen then you get back from turning hydrogen into water.

      You still do with Fusion power but at that point you have so much energy it doesn’t matter how inefficient it is. Seriously even using nuclear power it doesn’t work out as economically viable. It’s really a wasteful and inefficient process.