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Report: Toyota Contacted Nissan After Collapse of Honda Merger Talks

  • Toyota offered Nissan assistance after the collapse of Honda-Nissan merger talks, as per a recent report.
  • Toyota holds stakes in multiple automakers and considering a partnership with Nissan wouldn't be uncommon for them.
  • Nissan's new CEO, Ivan Espinosa, plans to cut jobs and factories as part of a turnaround strategy, indicating a shift in focus towards internal changes.
  • Nissan is open to collaborating with potential partners to enhance corporate value and aid in their turnaround efforts, exploring various options including integration, capital investments, and business unit spin-offs.

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