Nissan, Honda announce plans to merge forces

The merger would create the world’s third-largest automaker by sales

AP

Tokyo, Japan, Updated At : 02:17 PM Dec 23, 2024 IST

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Japanese automakers Honda and Nissan have announced plans to join forces, forming world’s third-largest automaker by sales.

The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses.

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