Honda, Nissan, under pressure from competition in China, talk merger, Japanese paper says

Sports and Competition Sports and Competition

Tue, December 24, 2024

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[ Thu, Dec 19th 2024 ] - The New York Times

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[ Thu, Dec 19th 2024 ] - The New York Times

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Oklahoma Lands Former Washington State Quarterback John Mateer

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[ Wed, Dec 18th 2024 ] - Newsweek

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[ Wed, Dec 18th 2024 ] - Los Angeles Times

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Honda, Nissan, under pressure from competition in China, talk merger, Japanese paper says

_{//sports-competition.news-articles.net/content/2 .. on-in-china-talk-merger-japanese-paper-says.html}
^{Published in Sports and Competition on Tuesday, December 17th 2024 at 18:25 GMT by USA Today}

Japanese auto giants Honda Motor and Nissan Motor will start negotiations to merge as they face growing competition from bigger global electric vehicle makers, the Nikkei newspaper reported on Tuesday.

According to a report by the Nikkei newspaper, Honda and Nissan are in the early stages of discussing a potential merger. The talks aim to combine their strengths in electric vehicle (EV) technology and autonomous driving systems to better compete in the rapidly evolving automotive market. This strategic move is driven by the need to reduce costs and enhance technological capabilities amidst fierce competition from both traditional automakers and new tech-focused entrants like Tesla. The merger could potentially reshape the landscape of the Japanese automotive industry, although no formal agreements have been confirmed yet.

Read the Full USA Today Article at:
[ https://www.usatoday.com/story/money/cars/2024/12/17/honda-nissan-starting-merger-talks-nikkei-newspaper-reports/77053892007/ ]

Publication Contributing Sources

USA Today

N@N

Honda, Nissan, under pressure from competition in China, talk merger, Japanese paper says