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Honda-Nissan Mega Merger Plans: A Bold Move to Survive EV Disruption
HMCHonda Motor(HMC) ZACKS·2024-12-24 16:21

As the auto industry navigates transformative shifts, two of Japan’s largest automakers, Honda (HMC) and Nissan (NSANY) , are exploring a landmark merger. This bold move aims to create a roughly $50 billion automotive powerhouse to tackle the rising challenges posed by electrification, competition from Chinese automakers and operational inefficiencies. If successful, this merger would make Honda-Nissan the world’s third-largest automaker by sales, trailing only Toyota and Volkswagen (VWAGY) .Consolidation: ...