free web tracker Iconic carmaker ‘on brink of collapse’ could be SAVED as new boss reveals ‘mega-merger’ talks with rival are back on – soka sardar 191283

Iconic carmaker ‘on brink of collapse’ could be SAVED as new boss reveals ‘mega-merger’ talks with rival are back on

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Nissan’s original plans to merge with Honda emerged in December last year but issues meant these never evolved to a full-blown deal.

If they had combined forces, the new carmaker would be the third-largest in the world by sales volume, after Toyota and Volkswagen.

There have also been fears Nissan’s difficulties could lead to the closure of its enormous factory in Sunderland.

Former chief operating officer Dr Andy Palmer has since called the Japanese car giant’s shaky future “extraordinary” after it was the first to launch a mass-market EV.

He also insisted Nissan would be “mad” if it pulled out of the UK and called on the industry to use its lobbying powers to request grants from government.

Workers on a car factory production line.
PA

Nissan hopes a new partnership will help with its financial woes[/caption]

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