Japanese automakers Nissan and Honda are in talks to merge and create the world's third-largest automaker by sales, aiming to compete in electric vehicles and intelligent driving technologies. The deal would form a holding company listed on the Tokyo Stock Exchange, with discussions set to conclude in June 2025.
Key Points
Aim to create the world's third-largest automaker by sales
Discussion of integration does not mean giving up on turnaround efforts
Focus on future competitiveness and growth
Pros
Greater scale for competing in new technologies
Sharing of intelligence and resources
Potential for significant revenue and profit
Cons
Concerns about financial underperformance at Nissan