Honda and Nissan in Discussion to Strengthen Collaboration
Honda Motor(HMC) ZACKS·2024-12-18 14:50
Honda Motor Co., Ltd. (HMC) and Nissan Motor Co., Ltd. (NSANY) are considering forming a holding company and are expected to sign a memorandum of understanding soon, per Nikkei. While the automakers confirmed that they are in discussions, they provided no specifics about a potential deal or timeline. The exact structure of the proposed joint venture remains unclear.The two companies are exploring various collaborative opportunities to leverage their respective strengths. They assured stakeholders that any s ...