Honda and Nissan said they had signed a memorandum of understanding and that Mitsubishi also had agreed to join the talks.
The proposed deal aims to unify operations under a joint holding company, led by Honda, while maintaining the distinct ...
The merger talks come amid competition from China in the auto industry and the increasing popularity of electric vehicles.
Japanese car giants Honda and Nissan are working out the details of a major merger that could create the world's ...
The Japanese car giants say the proposed merger would give them the scale to better compete on the global market.
Honda and Nissan have announced plans to merge as the Japanese automakers struggle with competition from rival brands in the ...
Japanese automakers Honda Motor Co. and Nissan Motor Corp. announced Monday their intention to merge by 2026 and create the ...
Currently, Honda is an independent OEM, albeit one with strong links to General Motors. Meanwhile, Nissan currently forms one ...
Both companies are grappling with intense global competition in the electric vehicle market from the likes of Tesla and China ...
Stocks wavered in morning trading on Wall Street Monday at the start of a holiday-shortened week. The S&P 500 fell 0.1%. A ...