Honda and Nissan plan merger bid by 2026, set to form world’s third-largest carmaker

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TOKYO, Dec 23 — Honda and Nissan agreed to explore a merger and set up a joint holding company, they said today, which w...

Honda also reported worse-than-expected earnings due to declining sales in China.

Combining with Mitsubishi Motors would take the Japanese group’s global sales to more than 8 million cars.The current No.3 group is South Korea’s Hyundai and Kia.

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Category: EconomyBusiness

Markets: MalaysiaChinaFranceJapanSouth KoreaLebanonTaiwan

Topics: Nissan Honda Honda-Nissan merger

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

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Article Type: News Report

Published On: 2024-12-23 @ 17:06:44 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 534 words

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Sentences: 24 lines

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Copyright Owner: © Malay Mail

News ID: 24597388

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