Japanese car giants Honda and Nissan are working to reveal the details. A major combination It can make the world. Third largest car manufacturerAs companies look to survive in an industry plagued by uncertainty,
The shift to electric cars, led by Tesla, and China's growing importance in the auto market have put companies like Honda and Nissan under pressure to compete. If they go through with the merger, it could be completed by 2026. Nissan's partner Mitsubishi must decide whether to join the new alliance by the end of January 2025.
Nissan and Mitsubishi are already working with French automaker Renault, especially after the alliance's former chairman Carlos Ghosn was arrested in Japan. Allegations of financial misappropriation versus Then he fled the country.. “As a major shareholder of Nissan, the Renault Group will consider all options based on the best interests of the Group and its stakeholders,” a Renault spokesperson said in a statement.