This might actually make some sense, in view of Toyota already owning a minority stake in Subaru, Mazda, Suzuki, & Isuzu.
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It might be the only company buyer that makes sense from a financial, marketing and cultural standpoint.
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I hope Nissan recognizes its arrogant mistake from earlier and acknowledges IT is the company needing saving and treats Toyota with respect
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I worry about Toyota having to deal with all the issues resulting from such a deal.
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Fat chance. Their lack of respect for Honda is the best indication of what they will do now.
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Then it would seem Nissan is doomed to a slow death . . . or someone will take a controlling interest one way or the other
It’s kind of sad, but this was a LONG time coming, imo
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Nissan might become desperate enough to form an alliance as the junior partner. Not there yet. It’s not just the CEO and his staff. Stockholders have a significant say if they want to through the board of directors. They can replace the CEO with anyone they want and that could lead to an alliance with another automaker.
How will this affect Renault? Last I knew there still was an alliance between the 2.
During the Honda negotiations, Renault was just going to back away IIRC.
Renault and Nissan still have cross ownership so Toyota will still have to somehow deal with them.
I’ve had great luck with my Pathfinders (90 and 98). They were GREAT vehicles. When I bought my 14 highlander I looked at the new Pathfinders. They were NOT the same vehicle. In the 90’s the Pathfinder was more closely related to the 4runner. But then in 2014 it was closer to the Highlander with a 4-cylinder turbo. I test-drove one and wasn’t that impressed. Then a couple years ago they changed the Pathfinder again - making it more like the Pathfinder I owned in 98. I can’t speak for their reliability now. I hope they survive.
A close friend had a 1990 Maxima, and–overall–it was a really great car, with a smooth, yet powerful, engine and very good handling. I fondly recall our high-speed run in that car across the Eastern Provinces of Canada. The only problem during the 5 years or so that he owned it was with the torque converter lockup mechanism.
Since that time, I believe that Nissan’s quality has dropped significantly.
My 1998 Pathfinder was running great well past 400k miles
I should have been more specific. I had a few co-workers who owned mid-2000s Nissans that were very problem-prone.