DETROIT — According to the Nikkei newspaper on Tuesday, Japanese automakers Nissan Motor and Honda Motor want to begin merger talks in order to improve.
Their competitiveness in the quickly evolving global automobile market. According to the source, Honda and Nissan.
Will shortly sign a memorandum of understanding and are thinking about functioning under a holding company.
Additionally, they want to ultimately include Mitsubishi Motors under the holding company, of which Nissan is the largest stakeholder with a 24% stake.
In a comment sent via email, Honda said, “Our company did not release the reported content.” As declared in March of this year.
Honda and Nissan are using each other’s capabilities to investigate a number of potential future partnership opportunities.
