Honda and Nissan Officially Merger

Last week, a claim was made that hit the automobile world like a bombshell. That claim is that Honda has recently had serious financial problems and is on the verge of bankruptcy. will merge with Nissan It had been suggested. However, there was no official statement yet.

Today, there was a development in this regard. Japanese automobile giants confirm the claims that they are officially planning to merge announced.

They will turn into the world’s 3rd largest automobile manufacturer

In the official announcement made today, it was stated that the two companies signed a memorandum of understanding and took the first step to merge. Also a member of the Nissan alliance Mitsubishi Motors’un It was reported that it will also participate in the negotiations to be integrated into the merger.

Honda President Toshihiro Mibe said in his statement that Honda and Nissan have a joint activities under the holding company He stated that he would combine it. The majority of Honda’s management Among the information received is that it will undertake the

The companies plan to reach a formal agreement on the merger by June. of the agreement Completion will be around August 2026 transferred. There is no information about the price of the merger. Let us note that Honda has a value of $40 billion and Nissan has a value of $10 billion. Mibe underlined that official negotiations have just begun. So there is still a long time for it to be completed and the details to be known.

Honda and Nissan combination trails Toyota and Volkswagen in terms of sales 3rd largest automobile manufacturer in the world will reveal. We will see how the combination will affect the automobile world in the future.