CosmicTaco

Honda and Nissan Plan Historic Merger

CosmicTaco · 2024-12-23T19:40:10.487500+05:30

- Honda and Nissan announced plans to merge, forming the world's third-largest automaker by sales, with Mitsubishi Motors also joining the talks. - The merger aims to create a $50bn behemoth, enhancing their competitiveness in the electric vehicle market and autonomous driving technology. - The deal is set to be finalized by August 2026, with Honda initially leading the new management. Source: [Benzinga](https://www.benzinga.com/24/12/42642773/honda-nissan-start-merger-talks), [Al Jazeera](https://www.aljazeera.com/news/2024/12/23/nissan-honda-eye-merger-that-will-create-worlds-third-largest-carmaker?traffic_source=rss), [Pennlive](https://www.pennlive.com/business/2024/12/nissan-and-honda-to-merge-creating-worlds-no-3-automaker.html)

Honda and Nissan announced plans to merge, forming the world's third-largest automaker by sales, with Mitsubishi Motors also joining the talks.
The merger aims to create a $50bn behemoth, enhancing their competitiveness in the electric vehicle market and autonomous driving technology.
The deal is set to be finalized by August 2026, with Honda initially leading the new management.

Source: Benzinga, Al Jazeera, Pennlive