Deal would create world’s third-largest carmaker in terms of annual sales amid competition from China
Business live – latest updates
Honda, Nissan and Mitsubishi have confirmed they are in talks over a possible three-way merger as the Japanese companies struggle with falling sales and competition from Chinese brands.
The companies confirmed on Monday that Honda and Nissan had agreed to “start consideration towards a business integration through the establishment of a joint holding company”, and that Mitsubishi would also decide on joining by the end of January.
About Author
More Stories
Toxic truth? The cookware craze redefining ‘ceramic’ and ‘nontoxic’
Trump tariffs could wipe out European steel sector, senior industry figure says
‘They went too far’: Musk says he regrets some of his posts about Trump