Reported 1 day ago
Honda and Nissan are in discussions to merge and become the world's third-largest automaker. Both companies are targeting over 1 trillion yen in synergies and significant profit increases, but face pressure from rapid competition, especially from Chinese manufacturers. Key challenges include limited electric vehicle offerings and the need for quick execution in a shifting market, particularly in China where both have lost ground. The success of this merger hinges on their ability to enhance their capabilities in a timely manner, or risk being outpaced in the industry.
Source: YAHOO