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Honda and Nissan closer to forming world’s third largest automaker

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nissan honda merger
TOKYO, JAPAN - MARCH 15: Nissan Motor CEO Makoto Uchida (L) and Honda Motor CEO Toshihiro Mibe (R) attend a joint press conference on March 15, 2024 in Tokyo, Japan. The automakers announced their partnership on electric vehicles today to compete with rival EV manufacturers such as China's BYD or US-based Tesla. (Photo by Tomohiro Ohsumi/Getty Images)
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Honda and Nissan have announced they are working towards a merger, which, if it happens, would create the third-largest automaker in the world.
This move would catapult them to a top position in an industry transitioning away from its reliance on fossil fuels.

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