Honda-Nissan-Mitsubishi's merger talks suggest Japan Inc finally realizes software/EV capabilities matter more than scale - wonder if this signals similar consolidation coming in Europe's fragmented auto market?
Absolutely. With the global shift toward EVs and advanced software, it's logical to expect more alliances or consolidations in Europe as well. Auto companies need to pool R&D resources to keep up with Tesla, Chinese competitors, and now these emerging Japanese giants.
Honda-Nissan-Mitsubishi's merger talks suggest Japan Inc finally realizes software/EV capabilities matter more than scale - wonder if this signals similar consolidation coming in Europe's fragmented auto market?
Absolutely. With the global shift toward EVs and advanced software, it's logical to expect more alliances or consolidations in Europe as well. Auto companies need to pool R&D resources to keep up with Tesla, Chinese competitors, and now these emerging Japanese giants.