pbs.org_3 on Nostr: pbs.org_3 ✍️ Japanese automakers Honda and Nissan plan to merge to form the ...

pbs.org_3 (nprofile…v9ea)
✍️ Japanese automakers Honda and Nissan plan to merge to form the world's third-largest automaker by sales, as the industry transitions away from fossil fuels.
👉 Honda and Nissan plan to merge to form the world's third-largest automaker by sales
👉 The merger aims to unify the operations of the two companies under a joint holding company
👉 Honda will lead the new management
👉 The deal is expected to be completed by August 2026, pending formal talks and regulatory approvals
👉 The merger is seen as a response to the industry's shift towards electric vehicles and the need for companies to cut costs and increase efficiency

#ToshihiroMibe(Honda'spresident) #MakotoUchida(Nissan'sCEO) #CarlosGhosn(formerNissanchairman) #Tokyo #Japan #China #France #Lebanon #Bangkok #business

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nevent1q…zm9p

pbs.org_3 (nprofile…v9ea)

Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world's third-largest automaker by sales, as the industry undergoes dramatic changes in its transition away from fossil fuels.
https://www.pbs.org/newshour/nation/nissan-and-honda-to-attempt-a-merger-that-would-create-the-worlds-no-3-automaker