Nissan and Honda January Sales in China Plummet Over 30%
2025-02-13 / Read about 0 minute
Author:小编   

Nissan and Honda have decided to terminate their merger talks, citing an inability to agree on critical details such as shareholding ratios. According to January 2025 data, Japanese automotive brands have struggled significantly in the Chinese market, with sales of both Honda and Nissan declining by over 30%. Domestic brands are gradually eroding the market share of Japanese competitors, as evidenced by a 3.3 percentage point year-on-year drop in the retail share of Japanese brands in January, while domestic brands saw a 5.9 percentage point year-on-year increase. Additionally, Foxconn Chairman Young Liu has disclosed that Foxconn is exploring potential collaborations with Japanese automakers, including Nissan and Honda.