Reported about 18 hours ago
Honda and Nissan are expected to disclose plans for a merger by establishing a joint holding company, aiming to finalize the deal by June 2025. This merger would position them as the third largest auto group in global sales, following Toyota and Volkswagen, amid intense competition from Tesla and Chinese manufacturers. The collaboration has been expanded to include Mitsubishi Motors, and a press conference will follow board meetings to discuss this significant corporate shift.
Source: YAHOO