Honda and Nissan begin merger talks to create the world’s 3rd largest automaker
Listen to the article Japanese automakers Honda and Nissan have officially announced that they have entered merger talks to create the world’s third-largest automaker by sales. The merger aims to help both companies compete more effectively in the rapidly evolving electric vehicle (EV) and intelligent driving technology industries. Honda CEO Toshihiro Mibe emphasized the need for greater scale to remain competitive in these areas. “Companies need greater scale to compete in the development of new technologies in electric vehicles and intelligent driving. A business integration would give us an advantage that will not be possible with the current cooperation framework,”
