A report citing several sources said that Japanese car giants Honda Motor Co and Nissan Motor Co are aiming to finalize merger talks by June 2025. With the two automakers also expected to announce the start of discussions at least today before holding a press conference that will also be attended by Nissan's partner Mitsubishi Motors Corp.
This merger will make them the world's third-largest car manufacturing group in terms of production volume. In addition, it will also allow Honda and Nissan to explore a planned and structured approach in accordance with the changing needs of today's consumers. In addition, it can play an important role in addressing various pressing challenges and strengthening its commitment to helping the development of the EV industry.
As many know, Honda and Nissan were previously in early merger talks to increase their strength in electric vehicles. This allows these two big names not only to share energy and resources but also to compete better to create more value for customers while overcoming pressure from competitors.