Reported 1 day ago
Honda's potential acquisition of Nissan could enhance their competitiveness against China's BYD, as both companies struggle with declining sales and production in China. In 2024, Honda sold 3.43 million vehicles and Nissan sold over 3 million, while BYD led with 3.76 million. Together, Honda and Nissan aim to bolster their market presence and better challenge both domestic competitors and global giants like Toyota, amid a backdrop of weakening demand and production issues.
Source: YAHOO