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Honda and Nissan in talks to merge into single holding company
December 17th, 2024 - 09:32 GMT

Honda and Nissan in talks to merge into single holding company

ALBAWABA - In a bid to strengthen their position against growing international competition in the electric vehicle (EV) sector, Honda Motor and Nissan Motor are reportedly commencing talks on a possible merger. The two manufacturers are reportedly considering setting up a single holding company, but specifics, such as share distribution remain to be determined, according to the Nikkei, with Mitsubishi Motors, in which Nissan holds a 24% stake, potentially be ...
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