RSS Nissan and Honda are said to be in talks to set up a holding company

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 RSS Nissan and Honda are said to be in talks to set up a holding company

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Greg had the merger scuttlebutt talks overnight:


Updating now - Reuters reports the two are discussing setting up a holding company.

More:

  • Merger Talks: Nikkei reports Honda and Nissan are discussing a potential merger under a holding company.
  • Inclusion of Mitsubishi: Mitsubishi Motors (24% owned by Nissan) may also join, forming a major auto group.
  • Global Scale: Combined annual sales of Honda, Nissan, and Mitsubishi would surpass 8 million vehicles.
  • Company Responses:
    • Honda: Exploring options but has not confirmed the report.
    • Nissan: Report content not officially announced; stakeholders will be informed if updates arise.

This is all related to Chinese EVs taking over the world ....

Any excuse to post a motorcycle related pic!

This article was written by Eamonn Sheridan at www.forexlive.com.
 
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