Reported 1 day ago
Moody’s Ratings views the proposed integration of Honda and Nissan as credit positive overall, primarily benefiting Nissan, which has weaker debt metrics. However, Honda faces risks due to its lower automotive margins, potentially impacting its ability to absorb Nissan's losses. Furthermore, Honda's recent share buyback may negatively affect its liquidity. Both companies must also navigate different corporate cultures amidst rising competition from Chinese automakers.
Source: YAHOO