Honda, Nissan plan merger talks to make world’s 3rd-largest carmaker Related news
Honda
ISTANBUL Japanese carmakers Honda and Nissan are considering merger talks to establish the world’s third-biggest carmaker by sales, Japan-based Kyodo News reported on Wednesday. The merger aims to challenge global electric vehicle (EV) leaders such as Tesla and Chinese EV-makers like BYD, as well as reduce costs and boost their competitiveness. The combined sales of Honda and Nissan, as well as Mitsubishi Motors, which is Nissan’s partner, would reach around 8 million vehicles annually,
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