Japanese automakers Nissan and Honda are expected to announce plans on a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from reliance on fossil fuels.
Read full article: Humidity gradually returns, spring-like temps arrive by Christmas Eve8 hours agoGet ready for Insider Deals that offer great savings on gift ideas, home essentials and hair care products.FILE - A Nissan logo is displayed on a Nissan Pathfinder SUV at the Pittsburgh International Auto Show in Pittsburgh, Feb. 15, 2024. – Japanese automakers Nissan and Honda were expected to announce Monday that they are in talks on a merger that would catapult them to No.
Even after a merger Toyota, which rolled out 11.5 million vehicles in 2023, would remain the leading Japanese automaker. If they join, the three smaller companies would make about 8 million vehicles. In 2023, Honda made 4 million and Nissan produced 3.4 million. Mitsubishi Motors made just over 1 million.
Japanese automakers have lagged behind their big rivals in electric vehicles and are trying to cut costs and make up for lost time.for electric vehicles like batteries and jointly research software for autonomous driving to adapt better to dramatic changes centered around electrification, following a preliminary agreement in March.
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