Honda, Nissan Announce Launch Of Merger Talks In Joint Statement

Japanese auto giants Honda and Nissan on Monday agreed to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles.

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Dec 23, 2024 • 2:30 PM  15  0
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Honda, Nissan Announce Launch Of Merger Talks In Joint Statement
“Honda, Nissan Announce Launch Of Merger Talks In Joint Statement”
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23 Dec 2024
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Honda, Nissan Announce Launch Of Merger Talks In Joint Statement

Japanese auto giants Honda and Nissan on Monday agreed to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles.

The two firms along with Mitsubishi Motors "have signed a memorandum of understanding to start discussions and considerations toward a business integration between the two companies through the establishment of a joint holding company", a joint statement said.
 

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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