Reported 1 day ago
Moody's has expressed a positive outlook on the potential merger between Honda and Nissan, noting that the deal could be 'credit positive' if executed effectively. This comes as both automakers seek to tackle rising costs and intensifying competition, particularly in the electric vehicle market. However, former Nissan CEO Carlos Ghosn cautioned that the merger could lead to significant cost-cutting challenges, placing Honda in a dominant position over Nissan.
Source: YAHOO