Get the latest tech news
Nissan and Honda Agree To Merge
Honda sketched plans for a drawn-out deal that amounts to a takeover of Nissan in all but name, as Japan's automakers struggle to keep up in an increasingly competitive global car industry. From a report: The two announced a tentative agreement Monday to set up a joint holding company that will aim ...
Honda sketched plans for a drawn-out deal that amounts to a takeover of Nissan in all but name, as Japan's automakers struggle to keep up in an increasingly competitive global car industry. From a report: The two announced a tentative agreement Monday to set up a joint holding company that will aim to list shares in August 2026. Honda and Nissan both are having trouble contending with ascendant domestic automakers in China, which surpassed Japan as the world's largest car-exporting nation last year and is pulling further ahead in 2024.
Or read this on Slashdot