Another Japanese automobile giant, Honda, came to the aid of Nissan, which was on the verge of bankruptcy due to its recent financial difficulties. In the announcement they made recently, the duo confirmed the merger allegations that have been talked about for a while.
With the announcement, rumors that the two automobile manufacturers would merge became official, while the companies’ plans on this issue came to light.
Nissan to Merger with Honda in 2026 to Become the World’s Third Largest Automobile Manufacturer
Nissan and Honda, two giants of the Japanese automotive industry, first came to the fore with merger allegations made last week. At the joint press conference held today by the two companies, it was announced that Honda will merge with Nissan, which announced that it will go bankrupt in 2025 if it does not receive financial support.
The two companies stated in their statement that they signed a new memorandum of understanding and thus took the first step towards merging. In addition, it was announced that Mitsubishi Motors, another brand owned by Nissan, will also be included in this merger.
Allegedly, automotive brands aim to complete the merger process in the summer of 2026. On the other hand, it is stated that the new company that will emerge as a result of the merger of Honda, valued at $40 billion, with Nissan, valued at $10 billion, will be the third largest automobile manufacturer in the world.
Nissan Announced That It Will Lay Off 9 Thousand Jobs: The Giant Brand Is Going To Downsize!
Nissan announced that it will lay off 9 thousand employees as part of the savings program it initiated due to low sales figures.
So what do you think about the merger of Honda and Nissan? Let’s meet in the comments…
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