Nissan May Have Just Found Its Saviour… Toyota?
Summary by Electrek
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Nissan seeks stability as Toyota considers strategic lifeline amid crisis
Nissan may have found a potential lifeline in Toyota as it battles mounting debt, declining sales, and a failed merger attempt with Honda. According to Japanese outlet Mainichi, a Toyota executive has reached out to Nissan about a possible partnership that could see Toyota backing its struggling rival through a major restructuring. “If we don’t take action now, the situation will only get worse,” Nissan President Ivan Espinosa warned during a Ma…
Coverage Details
Total News Sources9
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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