Meanwhile, Nato foreign ministers debate increased weapons spending as police investigate the bloc’s purchases of military equipment
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Japanese car makers Honda and Nissan announce merger talks
Nissan Chief Executive Makoto Uchida (left) Honda Chief Executive Toshihiro Mibe (centre) and Takao Kato, CEO of Mitsubishi Motors (right) pose for photographers during a joint news conference in Tokyo, Japan, December 23, 2024
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JAPANESE car makers Honda and Nissan announced plans today to work toward a merger.
The move would form the world’s third-largest car maker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.
The two companies said that 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.
