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  • Drew Dowdell
    Drew Dowdell

    Chevy Malibu to die after 2024

      ...Malibu follows the Fusion and 200 into that great junkyard in the sky....

    The Chevrolet Malibu will follow the likes to the Ford Fusion and Chrysler 200 by following them into that great nameplate junkyard in the sky after 2024 according to a report by Automotive News.  There is a possibility of an electric successor to the Malibu, but nothing is certain at this point.  An electric replacement would fit with GM's timeline to build 20 new EVs by 2023.   Before the ax falls in 2024, the Malibu could get one last face lift for the 2022 model year to help it through the final stages before retirement.  The Malibu is built in the Fairfax KS plant where the Cadillac XT4 is built.

    2019-Chevrolet-Malibu-006.jpg

    This follows on reports that the Chevrolet Camaro will also die in 2023.  Other cars that are up for the chopping block are the Sonic after 2020 and the Spark after 2021.  The Bolt and Equinox will get a freshening next year.  With the Impala, Cruze, and Volt already dead, these changes will leave the Chevy brand without any sedans after 2024. With the Buick Regal also possibly canceled once the contract with PSA runs out, it may be that the only sedans available from General Motors will be from Cadillac. 

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    With the advances in solid state battery technology and the design changes that have recently been discovered and are under heavy testing like from XNRGI 

    I see a couple sedans still in the Chevrolet portfolio, but EV focused.

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    Yes it is happening again.  Just like when affordable RWD sedans (mostly) disappeared after 1987.  Now it is virtually all affordable FWD sedans that are disappearing into the ether.  This is really sad, but it seems few people actually WANT to buy a FWD sedan when they want a FWD crossover instead.

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    3 minutes ago, riviera74 said:

    Yes it is happening again.  Just like when affordable RWD sedans (mostly) disappeared after 1987.  Now it is virtually all affordable FWD sedans that are disappearing into the ether.  This is really sad, but it seems few people actually WANT to buy a FWD sedan when they want a FWD crossover instead.

    Seems very short-sighted thinking on the Detroit 3's part.  I don't see the Japanese and Korean companies getting out of the sedan market.  When the CUV/SUV fad fades, the Detroit 3 are going to be hurting due their usual short-sighted thinking...

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    19 minutes ago, Robert Hall said:

    Seems very short-sighted thinking on the Detroit 3's part.  I don't see the Japanese and Korean companies getting out of the sedan market.  When the CUV/SUV fad fades, the Detroit 3 are going to be hurting due their usual short-sighted thinking...

    by the time the SUV/CUV fad fades, the market will have shifted more to EVs and autonomous vehicles... and who know what those will look like. 

    Rolling toasters probably. 

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    Quote

    When the CUV/SUV fad fades…

    That's what 'they' said about pickups… in 1970.

    Hyundai was 100% cars when it arrived here, it's now only 56% cars (by volume YTD) and that number has been slipping for years (both at hyundai/kia and industry-wide). CUVs / SUVs are firmly-established; calling them a 'fad' ignores decades of consumer data.

    Objectively speaking, the industry at large would be best served morphing a combination of the family sedan and the CUV (which is already the same underneath). All the brands have too many physically different models- with a morphed FutureKar, developmental costs would come way down and perhaps -just perhaps- some degree of control on runaway prices could be realized.  

    Edited by balthazar
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    So Ford and GM’s game plan is to put everything into pickups, SUVs and 1 sports car each, after giving up on minivans and sedans.  Meanwhile the Asian car companies are stealing crossover/SUV business off Ford and GM and Toyota has new trucks coming and Hyundai and Kia are doing pickups.  You can only retreat for so long until you run out of places to retreat to.

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    Minivans are all but dead- there were over a dozen now there's 3-4. Sedans are slipping every single year; the pie anyone is stealing from is smaller every year.

    IF a major industry downturn is looming (we'll see), thinning sedan offerings beforehand is probably a smart move. Eventually, you run out of places to fleet/fire sales sedans to.

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    12 minutes ago, smk4565 said:

    So Ford and GM’s game plan is to put everything into pickups, SUVs and 1 sports car each, after giving up on minivans and sedans.  Meanwhile the Asian car companies are stealing crossover/SUV business off Ford and GM and Toyota has new trucks coming and Hyundai and Kia are doing pickups.  You can only retreat for so long until you run out of places to retreat to.

    I mean Ford has the Mustang and GT and Chevy has the Camaro and Corvette.. But who's counting? 

    And Caddy has or will have CT variants that are sports cars. 

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    1 hour ago, Robert Hall said:

    Seems very short-sighted thinking on the Detroit 3's part.  I don't see the Japanese and Korean companies getting out of the sedan market.  When the CUV/SUV fad fades, the Detroit 3 are going to be hurting due their usual short-sighted thinking...

    I would disagree, unlike Asian countries, excluding China, small auto's and cars being the focus will always have a place as SUV/CUV are just too big and expensive. Yet for America, China and Europe, I think we will see a much longer life of the SUV/CUV sticking around. I see the Detroit 3 building some cars and might just be hybrid  / electric only for select markets, but the bulk of their global auto's will be SUV/CUV I think.

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    30 minutes ago, balthazar said:

    An Encore is 168" long- there's no one for whom that CUV size is 'too big'.

    Yet, GM does NOT sell it in the rest of the Asian rim. It would sell and is a perfect size and I agree it is NOT too big, yet with that said, those small asian countries would need to open up to GM selling it there. There is great control over the story of what the local population is told and what works and does not work for them. They sell this that America SUV/CUV are too big and as such, people are lied to and led to believe that is why they cannot sell them there not the truth that the local gov is controlling what they can and cannot buy.

    The compact CUV's that American auto companies build will fit and sell just fine if they are allowed into those places, Full size trucks and SUV's not so much.

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    23 minutes ago, dfelt said:

    Yet, GM does NOT sell it in the rest of the Asian rim. It would sell and is a perfect size and I agree it is NOT too big, yet with that said, those small asian countries would need to open up to GM selling it there. There is great control over the story of what the local population is told and what works and does not work for them. They sell this that America SUV/CUV are too big and as such, people are lied to and led to believe that is why they cannot sell them there not the truth that the local gov is controlling what they can and cannot buy.

    The compact CUV's that American auto companies build will fit and sell just fine if they are allowed into those places, Full size trucks and SUV's not so much.

    QFT times 1000.  The Encore (and the Chevy Trax) should be sold basically anywhere in the world since most countries cannot handle the large CUVs or pickup trucks GM offers these days.

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    I bet in 5 year pa GM and Ford are cutting the Encore, Trax, Trailblazer, Ecosport, etc to “focus on more profitable models” and Equinox and Escape will be the base models, and post 2025 they might kill them off too if the RAV4 crushes the market the way the Camry did to the sedan market.

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    Any electric replacement for the Malibu will sell at a fraction of what the Malibu sells now.. .and the current car is not exactly setting the sales charts on fire.  Guaranteed.

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    Shame. This gen was a very good car when it came out. They made it worse with powertrain options and design changes. They should keep either the Malibu or Impala nameplate, and make it a RWD/AWD sport sedan.

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    43 minutes ago, Frisky Dingo said:

    Shame. This gen was a very good car when it came out. They made it worse with powertrain options and design changes. They should keep either the Malibu or Impala nameplate, and make it a RWD/AWD sport sedan.

    Because the Cadillac red/awd sport sedans sell?  The CT5 is $38k, so CT4 is probably going to be about $31k.   And that is before discounts which will be available after about a year on the market.

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    1 hour ago, smk4565 said:

    I bet in 5 year pa GM and Ford are cutting the Encore, Trax, Trailblazer, Ecosport, etc to “focus on more profitable models” and Equinox and Escape will be the base models, and post 2025 they might kill them off too if the RAV4 crushes the market the way the Camry did to the sedan market.

    They're not cutting the Encore. They sell more Encores in China than they sell Buicks in the US. And it's on an inexpensive platform.

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    GM is simply looking to commit suicide another way than Ford is.  Ford is in for a major surprise when truck sales slide...better hope they have some EVs.....

    I realize some cars have to go. But GM does things half assedd like they normally do. Realizing folks like bigger things, common sense says you get rid of the small stuff (Spark, Sonic) and things you have double of (impala) but keep your higher volume stuff (Malibu, Cruze) especially since the Cruze comes in two (sedan, hatch). And, we could have EV versions on both as well, so folks have lower cost EV choices.

    Thing GM needs to see just how dumb that is going to be......

    1 hour ago, smk4565 said:

    I bet in 5 year pa GM and Ford are cutting the Encore, Trax, Trailblazer, Ecosport, etc to “focus on more profitable models” and Equinox and Escape will be the base models, and post 2025 they might kill them off too if the RAV4 crushes the market the way the Camry did to the sedan market.

    Ease up on the fine spirits there kind sir... If they are killing them off like that-the economy is going to be in much bigger shambles that I thought.

    More than likely, any replacements like be full EVs.....

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    9 minutes ago, Drew Dowdell said:

    They're not cutting the Encore. They sell more Encores in China than they sell Buicks in the US. And it's on an inexpensive platform.

    And they are everywhere here....

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    21 minutes ago, Drew Dowdell said:

    They're not cutting the Encore. They sell more Encores in China than they sell Buicks in the US. And it's on an inexpensive platform.

    The Chinese market could save it, but they could also remove Encore/Trax from the US market if there is a big sales drop.  Once the market is so crazy flooded with crossovers, the weak ones will die off.  Just like what is happening with sedans.   These are the people that want to kill Malibu, Impala and Camaro that are 50 year name plates, I don't think they would think twice about killing off the Encore.

    YTD the Malibu is GM's #4 seller being Silverado, Equinox and Sierra.

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    1 hour ago, Frisky Dingo said:

    Shame. This gen was a very good car when it came out. They made it worse with powertrain options and design changes. They should keep either the Malibu or Impala nameplate, and make it a RWD/AWD sport sedan.

    It is a shame.  A RWD Impala/Caprice would be fabulous.

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    4 hours ago, smk4565 said:

    The Chinese market could save it, but they could also remove Encore/Trax from the US market if there is a big sales drop.  Once the market is so crazy flooded with crossovers, the weak ones will die off.  Just like what is happening with sedans.   These are the people that want to kill Malibu, Impala and Camaro that are 50 year name plates, I don't think they would think twice about killing off the Encore.

    YTD the Malibu is GM's #4 seller being Silverado, Equinox and Sierra.

    Keep in mind though- those very nameplates might come back on the new EVs as well....pretty sure all the EVs will not all be SUVs....

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    14 hours ago, daves87rs said:

    Ford is in for a major surprise when truck sales slide...better hope they have some EVs.....

    I gotta ask: what data are you basing this prediction on?

    Edited by balthazar
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    OK, but is that 'data'?

    Trucks (and SUVs) have been taking an increasing share of new vehicles sales for like 50 years running now. That's far too long to be in a cycle.
    Sure; trucks sales dipped more than cars when gas spiked at $4/gal+ (for 6 months), but trucks now are reaching solidly into the mid 20s in FE (and beyond) - already a far cry from where they were 10 years ago. Add to that trucks in general have evolved much farther from where they were -say- in 1990, than cars have (IMO), and you have multiple 'insurance' factors that IF another huge upswing in fuel costs comes (I personally don't see the metrics for it), that trucks will retain their percentages better than a decade ago.
    That scenario aside, they aren't fads and they are not part of a 'cycle'. The 'CUV-ing' of cars is measurable proof of that. 

    At the very least, "when" is an reach.

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    The data is that it isn't good to put all your eggs in one basket. 2024 is almost the end of the next presidential term, so who knows what can happen between now and then.  Chevy having 0 conventional sedans in 2025 doesn't sound like a good position to be in... especially since the Accord and Camry are likely to still be here.

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    The accord & camry may be, but I note the Accord is fully 25% off it's peak volume, and the Sonata is about 55% off it's peak, which was only SIX years ago. 

    We bemoaned GM getting out of minivans, and now the segment is almost dead. Sedans are dying faster than any segment in my memory; Ford & GM may be ahead of the wave here. While I hear the '1 egg' sentiment, I note a number of brands that have or are doing just that (Jeep, Land Rover, ferrari, porsche-before-SUVs, etc). Yes- they are singular brands within a portfolio of brands, but no corporate heads wish/plan to have any of their brands fail due to a '1 egg' approach. It can and does work in some instances (in other cases, you have Mini…).

    The first OEM to bring out the 'hybrid sedan/CUV' is going to pave the segment into the future. 

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    1 minute ago, balthazar said:

    The first OEM to bring out the 'hybrid sedan/CUV' is going to pave the segment into the future. 

    We've already had a few of those. The Subaru Legacy SUS, the Volvo S60 Cross Country, the Accord Crosstour, Acura ZDX, even the Chevy Bolt (Chevy insists it is a crossover)

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    ^ Hmmmm.
    Going to vote 'no' on the SUS- that's a mildly lifted sedan (might as well include the Eagle here).
    S60, Crosstour & ZDX seem to fit my bill, but still lean to the sedan side. Interesting…. but not there yet.

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    Maybe we will see trans genre CUV-based sedans...with the body height  and proportions of a crossover but with a trunk.   Picture an Equinox or Edge w/ a trunk.    A crossover crossover. 

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    I think it makes long term sense to merge the two, as they’re largely the same. Remember when AWD in a sedan was a pipe dream? Current smaller CUVs don't even try to incorporate any ‘tough trucky’ aspirations in them.

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    Today's crossovers are already slightly raised hatchbacks/wagon versions of the car platform.  Basically same cars, more utility than sedans.  I think sedans slowly will die completely.  

    the-2018-mazda-3-hatchback.jpg

    mazda-cx-30-w.jpg

    2017-volkswagen-golf-tsi-r-line-1.jpeg.a

    2018-Volkswagen-Tiguan.png

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    ^ I don't disagree… tho they all could use more cargo space. Some have nothing, and the trend of no rear overhang and a great big schnoz looks like crap. They lack the visual balance sedans have more readily. Plus dump the acres of plastic cladding. That mazda is a freak show.

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    33 minutes ago, balthazar said:

    Plus dump the acres of plastic cladding

    +1, some crossovers (and Buick TourX as another example) put a ton of ugly, unnecessary plastic.

    CX-5 and CX9 look much cleaner without the huge plastic

    Jeep Grand Cherokee Trailhawk, has minimal cladding

    2018-Jeep-Grand-Cherokee-Trailhawk-SUV-g

    Range Rover has none

    2019-Range-Rover-Velar-off-roading-among

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    15 minutes ago, ykX said:

    +1, some crossovers (and Buick TourX as another example) put a ton of ugly, unnecessary plastic.

    Range Rover has none

    2019-Range-Rover-Velar-off-roading-among

    Is this pic mislabeled? 'cause the entire 10 inches of the bottom of the vehicle is black plastic, PLUS the wheel wells.

    Screen Shot 2019-07-30 at 3.17.18 PM.png

    If anything, the TourX comes off as far far less of it

    Screen Shot 2019-07-30 at 3.20.10 PM.png

    Edited by balthazar
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    45 minutes ago, balthazar said:

    Is this pic mislabeled?

    You put a picture of the old Evoque, all recent Range Rovers do not have that

    Range~Rover~Evoque~(01).jpg

    On the other hand TourX is based on Opel Insignia wagon which looks SUBSTANTIALLY better without the cladding

    qyurtrk72nthbngohhep.jpg

    Edited by ykX
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    11 minutes ago, balthazar said:

    Unless you are calling a 2019 an ‘old model’ - thats whats on range rover usa’s website- tabbed wheelwell trim and all.

    Looks like the RR website shows both the 1st and 2nd gen model (the new 2nd gen is in blue, the 1st gen in white).  The 2nd gen came out as a '19 in Europe, it looks like it's a '20 in the US.

    https://www.landroverusa.com/vehicles/range-rover-family.html

    Edited by Robert Hall
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    5 minutes ago, balthazar said:

    Unless you are calling a 2019 an ‘old model’ - thats whats on range rover usa’s website- tabbed wheelwell trim and all.

    Strangely enough I don't see it when I go to Range Rover website. I see pictures that I have posted 

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    I can't help but think of the Outback when black cladding is mentioned.. Was it the first to popularize this???

    New one would luck much better without it too.

     

    21-2020-subaru-outback-fd.jpg

     

     

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    That's a shame.  I really liked the Malibu and loved the styling.  I'm hating that choices for sedans are all disappearing, because I've always been a sedan man.  I do hope they refresh it before it goes out...

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    51 minutes ago, Paolino said:

    That's a shame.  I really liked the Malibu and loved the styling.  I'm hating that choices for sedans are all disappearing, because I've always been a sedan man.  I do hope they refresh it before it goes out...

    What GM needs is a new RWD Impala to take on that KIA Stinger. . . . or at least the 300/Charger twins.  I would rather NOT see all the (non-Cadillac) sedans disappear, but GM is simply following demand.

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    Yeah... they went to the trouble of federalizing the SS sedan, giving lip service to their enthusiast base... then kept it a deep, dark secret.  When it did not sell on par with Charger (I guess "production constraints" or whatev prevented this... Aussies bought all of them as Commodores?) they killed it unceremoniously... and used it as an example of why RWD enthusiast sedans from an iconic American brand known for performance since the mid-50's don't sell.

    I will always say the Commodore/G8/SS did not sell well enough in the USA for two reasons:  generic styling that could fit any GM brand with a grille change, and MARKETING.  It certainly was not because of a lack of performance ability.

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    We seem headed to a market that among the mainstream brands there could be 100+ SUVs and 12 sedans.  And I wouldn't mind being the Camry/Corolla or Civic/Accord in that situation when they have almost no competition to deal with.

    1 hour ago, riviera74 said:

    What GM needs is a new RWD Impala to take on that KIA Stinger. . . . or at least the 300/Charger twins.  I would rather NOT see all the (non-Cadillac) sedans disappear, but GM is simply following demand.

    The Cadillac CT4 will be priced like a Stinger if that helps.

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    10 hours ago, balthazar said:

    I gotta ask: what data are you basing this prediction on?

    It”s a mix of things- probably would have been better explained. ?  A lot of things....

    -Drew is right- kinda due for a bust sooner or later....

    -While the Silverado is kinda a joke- Ram is coming out with what I think is a better truck than the F-150.  Between the RAM and the Chevy’s heavier discounts- should steal some sales....

    -Ecoboost- While it’s doing decent in the trucks-can’t say that about the rest of the line. Starting to see more Escapes and fusions in the local dealership for turbo repairs. While GM’s ain’t great either-they tend to be more durable.....

    -Recalls- A good half their line will be up for recalls- with the biggest mess being saved for the Focus and Fiesta. Sprinkle in some Fusion and Escape as well....

     

    Figured it would be a good start.....

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    On 7/29/2019 at 6:42 PM, smk4565 said:

    Because the Cadillac red/awd sport sedans sell?  The CT5 is $38k, so CT4 is probably going to be about $31k.   And that is before discounts which will be available after about a year on the market.

    Those cars don't appeal to traditional GM performance car buyers. They are targeting the wrong audience with most Cadillacs, and have been for a long time.

    21 hours ago, Drew Dowdell said:

    We've already had a few of those. The Subaru Legacy SUS, the Volvo S60 Cross Country, the Accord Crosstour, Acura ZDX, even the Chevy Bolt (Chevy insists it is a crossover)

     

    21 hours ago, balthazar said:

    The accord & camry may be, but I note the Accord is fully 25% off it's peak volume, and the Sonata is about 55% off it's peak, which was only SIX years ago. 

    We bemoaned GM getting out of minivans, and now the segment is almost dead. Sedans are dying faster than any segment in my memory; Ford & GM may be ahead of the wave here. While I hear the '1 egg' sentiment, I note a number of brands that have or are doing just that (Jeep, Land Rover, ferrari, porsche-before-SUVs, etc). Yes- they are singular brands within a portfolio of brands, but no corporate heads wish/plan to have any of their brands fail due to a '1 egg' approach. It can and does work in some instances (in other cases, you have Mini…).

    The first OEM to bring out the 'hybrid sedan/CUV' is going to pave the segment into the future

     

    The BMW 3GT and 5GT would beg to differ.

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    13 minutes ago, Frisky Dingo said:

    Those cars don't appeal to traditional GM performance car buyers. They are targeting the wrong audience with most Cadillacs, and have been for a long time.

     

    As with the C8, they aren't targeting 'traditional GM performance car buyers'---they have realized they can't sell to Baby Boomers forever, they are aging out. 

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Both companies have stated that the acceleration of technology and the rapid change of the auto industry will allow these two companies to maintain global competitiveness and deliver more attractive products and services for customers worldwide. Nissan global mobility product line merged with Honda four-wheel-vehicles, motor cycles and power products can allow both companies to become more attractive to shareholders and innovation of products to sell to customers worldwide according to the CEOs of both companies. Nissan and Honda have stated the following: Nissan and Honda aim to become a world-class mobility company with sales revenue exceeding 30 trillion yen ($190 Billion U.S. Dollars) and operating profit of more than 3 trillion yen ($19 billion U.S. Dollars). The expected synergies from the business integration at this time are: 1. Scale advantages by standardizing vehicle platforms By standardizing the vehicle platforms of both companies across various product segments, the companies expect to create stronger products, reduce costs, enhance development efficiencies, and improve investment efficiencies through standardized production processes. The integration is projected to increase sales and operational volumes, allowing the companies to reduce development costs per vehicle, including for future digital services, while maximizing profits. By accelerating the mutual complementation of their global vehicle offerings - including ICE, HEV, PHEV, and EV models - Nissan and Honda will be better positioned to meet diverse customer needs around the world and deliver optimal products, leading to improved customer satisfaction. 2. Enhancement of development capabilities and cost synergies through the integration of R&D functions In accordance with the MOU to deepen strategic partnership and the joint research agreement on fundamental technologies dated August 1, the two companies have started joint research in fundamental technologies in the area of vehicle platforms for next-generation software-defined vehicles (SDVs), which is the cornerstone of the field of intelligence. After the business integration, both companies will encompass more integrated collaboration across all R&D functions, including fundamental research and vehicle application technology research. This approach is expected to enable both companies to efficiently and swiftly enhance their technological expertise, achieving both improvements in development capabilities and reductions in development costs through the integration of overlapping functions.   3. Optimizing manufacturing systems and facilities The companies anticipate that optimizing their manufacturing plants and energy service facilities, combined with improved collaboration through the shared use of production lines, will result in a substantial improvement in capacity utilization leading to a decrease in fixed costs.   4. Strengthening competitive advantages across the supply chain through the integration of purchasing functions To fully leverage the synergies from optimizing development and production capacity, both companies intend to boost their competitiveness by improving and streamlining purchasing operations and source common parts from the same the supply chain and in collaboration with business partners.   5. Realizing cost synergies through operational efficiency improvements The companies expect that the integration of systems and back-office operations, along with the upgrade and standardization of operational processes, will drive significant cost reductions.   6. Acquisition of scale advantages through integration in sales finance functions By integrating relevant areas of sales finance functions of both companies and expanding the scale of operations, the companies aim to provide a range of mobility solutions, including new financial services throughout the vehicle lifecycle, to customers of both organizations.   7. Establishment of a talent foundation for intelligence and electrification The human resources of the companies are an invaluable asset, and establishing a strong human resource foundation is crucial for the transformation that will come with the business integration. After the integration, increased employee exchanges and technical collaboration between the companies are expected to promote further skill development. Moreover, by leveraging each company's access to talent markets, attracting exceptional talent will become more attainable. Method of business integration and stock listing Nissan and Honda, with the result of the consideration, plan to establish, through a joint share transfer, a joint holding company that will be the parent company of both companies. This will be subject to approval at each company's general meeting of shareholders and obtaining necessary approvals from relevant authorities for this business integration, based on the premise that Nissan's turnaround*1 actions are steadily executed. Both Nissan and Honda will be fully owned subsidiaries of the joint holding company*2. Additionally, the companies plan to continue coexisting and developing the brands held by Honda and Nissan equally. Shares of the newly established joint holding company under consideration are planned to be newly listed (technical listing) on the Prime Market of the Tokyo Stock Exchange (“TSE”). The listing is scheduled for August 2026. With the listing of the joint holding company, both Nissan and Honda will become wholly owned subsidiaries of the joint holding company and will be scheduled to be delisted from the TSE. However, shareholders of both companies will continue to be able to trade shares of the joint holding company issued during this share transfer on the TSE. The listing date of the joint holding company and the delisting date of both Nissan and Honda will be determined in accordance with the regulations of the TSE. Regarding the organizational structure of the joint holding company, and both companies which will become wholly-owned subsidiaries of the joint holding company after the business integration, the optimal structure for realizing synergies, including the integration of R&D functions, purchasing functions, and manufacturing functions, will be discussed and considered within the integration preparatory committee, with the aim of establishing an organizational structure that enables efficient and highly competitive business operations after the business integration. The CEO's of all three companies had the following to say: Marking the announcement, Nissan Director, President, CEO and Representative Executive Officer Makoto Uchida said: “Honda and Nissan have begun considering a business integration, and will study the creation of significant synergies between the two companies in a wide range of fields. It is significant that Nissan's partner, Mitsubishi Motors, is also involved in these discussions. We anticipate that if this integration comes to fruition, we will be able to deliver even greater value to a wider customer base.“ Honda Director and Representative Executive Officer Toshihiro Mibe said: "At this time of change in the automobile industry, which is said to occur once every 100 years, we hope that Mitsubishi Motors' participation in the business integration discussions of Nissan and Honda will lead to further social change, and that we will be able to become a leading company in creating new value in mobility through business integration. Nissan and Honda will start the discussion from today onwards with an aim to clarify the possibility of business integration by around the end of January in line with the consideration of Mitsubishi Motors." Comment from Mitsubishi Motors Director, Representative Executive Officer, and President and CEO Takao Kato said: “In an era of change in the automotive industry, the study between Nissan and Honda about a business integration will accelerate synergy maximization effects, bringing high value also to the collaborative businesses with Mitsubishi Motors. In order to realize synergies and to make the best use of each company's strengths, we will also study the best form of cooperation.” Upon looking at the press releases, it makes total sense that these companies would look to merge as each company is having a challanging time. Nissan globally has seen a 33.7% reduction in sales taking the estimated 2024 market share to 5.2%.  Honda globally has seen a 9% reduction over all with a 32% reduction in the asian rim leaving them with a 2024 estimated 5.4% market share. Mitsubishi Motors globally has seen a reduction year over year of a 10.7% drop leaving them with a 2024 estimated market share of 4.6%. All three auto companies lag the industry in technology connected auto's, feature / functions and especially EVs. All three companies have seen their profits turn into negative earnings for their respective companies leaving them with no real ability to perform R&D in building EVs to compete in China or the U.S. let alone Europe that has mandates in place for the end of ICE by 2035. End result is it looks like for these companies to survive, merging into one company that shares platforms and technology especially in the software and battery sectors will be the only way to move forward. View full article
    • I think I'm dreaming ... this vehicle would be the oldest of my handful of favorite "blast from the past" cars. A Cutlass Salon coupe in perfect condition, the first year I liked the colonnade Cutlass (and it's last year, of 3, with round headlamps in the colonnade), those huge bucket seats, and, oddly, A/C is there, but with manual windows.  It featured the new but not as popular 260 (4.3L) V8.  It also featured the light enamel blue they didn't repeat.  If the exhaust system is tight, this car will be whisper quiet. 1975 Oldsmobile Cutlass Salon (Numbers Matching Drivetrain) for sale: photos, technical specifications, description See anything odd?  Come on.  Quick. . . . It has Buick rally wheels instead of Oldsmobile rally wheels. * sigh ... I wonder what time frame this ad goes back to *
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