Honda, Nissan to Start Talks on Possible Merger
Posted: Dec 17, 2024
- Honda Motor Co. and Nissan Motor Co. are discussing possible merger negotiations
- Mitsubishi Motors Co. may also be included in the merger talks
- Goal is to create a new holding company with shared equity stakes
- Merger aims to compete against electric vehicle rivals like Tesla Inc. and Chinese automakers- Honda and Nissan are in talks for a possible merger, with the potential to include Mitsubishi Motors
- The merger would create a strong competitor to Toyota and Tesla
- Both companies previously agreed to collaborate on electric vehicle technology
- The move aims to consolidate the Japanese auto industry and enhance global competitiveness for Honda and Nissan
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